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)
(amends headline)
FINAL HICP JAN -0.8%r M/M, +6.2%r Y/Y; DEC +6.6% Y/Y
SPAIN FINAL CPI JAN -0.4%r M/M, +6.1%r Y/Y; DEC +6.5% Y/Y
- The final inflation print for January CPI confirmed that Spanish headline inflation has eased a touch, slipping to +6.1%r y/y, down from +6.5% y/y in December following ten months of growth.
- Headline CPI numbers were weaker than flash estimates and the consensus forecasts by 0.1% on both month on month and annualised readings.
- On the month HICP weakened by -0.8%r m/m, just below the -0.9% m/m preliminary reading, whilst HICP fell to an upwardly revised +6.2%r y/y (flash +6.1% y/y) from +6.6% y/y in December.
- Housing prices (including utilities) were a downwards driver, moderating 0.5% to +18.1% y/y due to lower electricity prices. Food costs also softened 0.2% to +4.8% y/y, as well as leisure services down by 0.5% to +1.2% due to cuts in tourism prices.
- However, transport costs continued to rise, up 0.4% to +11.3% y/y due to the jump in fuel prices.
- January prints are based on the adjusted 2021 basket weights.
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