Spain: inflation slipped 0.1 pp to 0.1% YoY in June
Published on Friday, July 11, 2014 | Updated on Monday, July 14, 2014
Spain: inflation slipped 0.1 pp to 0.1% YoY in June
Summary
Lower inflation was accounted for by the end of the base effect resulting from the rise in both foodstuffs and energy a year ago. Prices of core components were stagnant. In the near future, our scenario of low inflation rates is unchanged, with slightly negative rates likely during this summer.
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- Spain
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- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research