Spanish Inflation At 9-Month High

Spain's consumer price inflation hit a nine-month high in January, preliminary data from the statistical office INE showed Friday.

Consumer price inflation accelerated to 1.1 percent from 0.8 percent in December. This was the highest since April 2019, when the rate was 1.5 percent. The rate was forecast to rise to 1 percent.

On a monthly basis, consumer prices decreased 1 percent in January versus a 1.3 percent drop in the same period last year.

The harmonized index of consumer prices increased 1.1 percent annually, faster than the 0.8 percent in December and slightly above the forecast of 1 percent.

Month-on-month, the HICP fell 1.4 percent in January, but slower than the expected drop of 1.6 percent.



by WooHoo Ireland


Woooo Fx Education

Camden Street Lower, St Kevin's, Dublin 2, Ireland D 02 XE 80 | +353-214-651-000 |

currency hedger logo_small.png
woohoo fx eu_gdpr_compliant_logo.png

Trading in leveraged currency contracts comes with substantial risk. You must be aware of these risks before opening an account to trade. High leverage amplifies gains as well as losses, leading to potential loss of the entire account balance. Trading in leveraged currency contracts may not be suitable for every investor. Never speculate using money that you cannot afford to lose.

© 2019 by WoOHOo Fx. Proudly created with WoOHoO AI Ireland

  • Facebook
  • Twitter
  • LinkedIn
  • Instagram