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    14.06.2016 09:47 Final consumer price inflation in Spain rises 0.5% in May

    14.06.2016 09:47

    Final consumer price inflation in Spain rises 0.5% in May

     

    The Spanish statistical office INE released its final consumer price inflation data on Tuesday. Consumer price inflation in Spain was up 0.5% in May, down from the preliminary reading of a 0.6% growth, after a 0.7% rise in April.

     

     

    The monthly rise was mainly driven by an increase in communications, which climbed 2.4% in May.

     

     

    On a yearly basis, consumer prices fell by 1.0% in May from a year ago, in line with preliminary reading, after a 1.1% decline in April.

     

     

    The annual decline was mainly driven by a drop in the prices of housing and transport.


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