The Spanish inflation reduces its fall in March – Investing.com Spain

MADRID (Reuters) – The Index of Consumer Prices (IPC) Spanish advance recorded its ninth consecutive decline in March, but the decline was reduced by four tenths at an annual rate of – 0.7 by the rise in fuel prices, according to data released Monday by the National Statistics Institute.

“This indicator provides a preview of IPC which, if confirmed, would imply an increase four tenths in the annual rate, since in February this change was -1.1%, “said INE.

Meanwhile, the EU harmonized inflation stood at one five tenths better than the -1.2 percent recorded in February annual rate of -0.7 percent year in March, and two tenths better than expected data for March (-0.9 percent) by economists polled by Reuters

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