See also
Spain's consumer price inflation moderated as estimated in November after remaining stable in the previous month, the statistical office INE said Thursday.
The consumer price index rose 3.2 percent year-over-year in November, slower than the 3.5 percent increase in October. That was in line with the flash data published earlier.
At the same time, underlying inflation, which excludes non-processed food and energy products, eased to 4.5 percent from 5.2 percent in October, as estimated.
Prices of food and non-alcoholic beverages grew 9.0 percent annually in November, though slower than the 9.5 percent growth in the prior month. On the contrary, housing costs dropped 5.7 percent.
On a monthly basis, overall consumer prices fell 0.3 percent, reversing a 0.3 percent rise in the prior month. In the initial estimate, the rate of decline was 0.4 percent.
EU-harmonised inflation softened to 3.3 percent from 3.5 percent a month ago. The rate for November was revised up sligthly from 3.2 percent.
Month-on-month, the harmonised index of consumer prices posted a 0.5 percent decrease versus a 0.3 percent gain in October. In the initial report, the rate of fall was 0.6 percent.
