Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SPAIN DATA
MNI (London)
SPAIN FLASH MAY HICP +0.7% M/M , +8.5% Y/Y; APR +8.3%
SPAIN FLASH MAY CPI +0.8% M/M, +8.7% Y/Y; APR +8.3%
SPAIN FLASH MAY CORE CPI +4.9% Y/Y; APR +4.4%
- The May flash estimate sees Spanish HICP ticking up by 0.2pp to +8.5% y/y, following last month's 1.5pp fall. This is 0.2pp above the forecast, which saw inflation holding steady at 8.3% y/y.
- On the month, a 0.7% uptick was seen in the HICP flash estimate, in line with expectations.
- Fuel and food prices account for the bulk of the price growth, albeit electricity prices fell.
- Core inflation rose a further 0.5pp to the highest level since October 1995.
CPI vs Core CPI
Source: INE
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok