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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)
FLASH APR HICP -0.2% M/M , +8.3% Y/Y; MAR +9.8%
FLASH APR CPI -0.1% M/M, +8.4% Y/Y; MAR +9.8%
FLASH APR CORE CPI +4.4% Y/Y; MAR +3.4%
- Spanish harmonised CPI fell back 1.5pp in the flash April meeting, substantially more than the decline to +9.0% y/y anticipated by consensus however within the range MNI expected.
- HICP fell on the month, contracting by a modest -0.2% m/m.
- A decrease in energy and fuel costs due to state intervention is the key downwards driver in this data, food prices continued to accelerate.
- Core CPI continued to climb, accelerating by one point to +4.4% y/y and reaching the highest level since 1995.
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.
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