Spanish deflation eases in August, core inflation up to 0.9%Staff Writer | September 14, 2016
Deflationary pressures in Spain eased significantly in August, chiefly as a result of a slower drop in transport costs.
Spain CPI increased 0.1% month-on-month
Core inflation meanwhile accelerated from a 0.7% year-on-year pace to 0.9%. In comparison to July, CPI increased 0.1% month-on-month.
The harmonised CPI retreated at a 0.3% year-on-year pace, up from a drop of 0.7% in July, confirming a preliminary estimate. ■