He Consumer Price Index (CPI) of Spain has moderated seven tenths in March, standing at 2.3% In front of 3% of February, as published by the National Statistics Institute (INE). The data has coincided with the advanced indicator published on March 28. This is the lowest inflation level recorded in five months.
The Softening of the CPI In March, it is due to the decrease in electricity and fuel prices, as well as a decrease in tourist packages prices.
The Annual Rate of the underlying inflation has decreased two tenths, to 2.0%, its lowest level since 2021as already anticipated in advanced reading.
He Annual harmonized IPC has fallen seven tenths compared to the previous month, falling to 2.2% Interranual from 2.9%, its lowest level also in five months.
The monthly indicators have risen 0.1% in the general index and 0.7% in the harmonized, complying with forecasts.
Euro reaction
The euro has risen in the last minutes about 55 pips, although the movement is due to the weakening of the dollar against the European currency, which At the beginning of the Asian session a Maximum three years in 1,1385. At the time of writing, the EUR/USD quotes over 1,1325, winning an important 1.09% in the day.
Economic indicator
Consumer Price Index (Yoy)
The consumer price index (CPI) published by the National Statistics Institute Capture changes in the prices of goods and services. IPC is an effective way to measure trends on purchase and inflation in Spain. A reading superior to expectations is bullish for the euro, while a lower reading is bassist.
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Last publication:
VI ABR 11, 2025 07:00
Frequency:
Monthly
Current:
23%
Dear:
23%
Previous:
23%
Fountain:
INE
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
