Spain, inflation expected to rise in November and beyond expectations

Spain inflation expected to rise in November and beyond

(Finance) – Spanish inflation in November was higher than analysts’ expectations. According to theNational Institute of Statistics Spanish (INE), which today published a flash estimate, inflation on an annual basis is estimated at 2.4% compared to the 2.3% expected by analysts and +1.8% in October.

The index of consumer prices on a monthly basis it recorded a positive change of 0.2% after +0.6% in October.

THE’harmonized inflation, which takes into account a different and identical basket for the whole EUshould record a year-on-year increase of 2.4%, in line with consensus, against +1.8% in the previous month.

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