Spain | Flash estimate points at a moderation in the fall of CPi in May
Published on Monday, May 30, 2016
Spain | Flash estimate points at a moderation in the fall of CPi in May
Summary
CPI flash estimate points at a fall in general consumer prices in May of -1,0% YoY, 0.1pp lower than expected. The number is also smaller than the fall in the previous month. Our forecasts suggest that core inflation remained stable at 0,7% YoY, while energy was the only component that contributed negatively.
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- Spain
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- Macroeconomic Analysis
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Authors
Agustín García
BBVA Research - Lead Economist
Camilo Ulloa
BBVA Research - Principal Economist