Spain Inflation Accelerates As Estimated

Spain's consumer price inflation rose in December as estimated, data from the statistical office INE showed on Wednesday.

The consumer price index rose 0.8 percent year-on-year in December, following a 0.4 percent increase in November. This was in line with the initial estimate.

On a monthly basis, consumer prices fell 0.1 percent in December, reversing a 0.2 percent rise in the previous month, as estimated.

The EU measure of harmonized index of consumer prices, or HICP, rose 0.8 percent annually in December, following a 0.5 percent increase in the previous month, as initially estimated.

On a monthly basis, the HICP fell 0.1 percent in December, in line with its initial estimate.

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