Spain inflation rate picks up to 1.6% in AugustStaff Writer | August 30, 2017
Consumer prices in Spain are expected to increase 1.6 percent year-on-year in August 2017, following a 1.5 percent rise in the previous month and below market expectations of 1.7 percent.
Europe The EU-harmonised index
On a monthly basis, consumer prices are expected to went up 0.2 percent, compared to a 0.7 percent decrease in the preceding month.
The EU-harmonised index is expected to rise 2 percent year-on-year in August, higher than 1.7 percent in July and beating expectations of a 1.8 percent gain.
Compared to the previous month, the index is expected to advance 0.2 percent. ■