Saturday, May 30, 2015

Prices in Spain moderated its fall to 0.2% yoy in May – Financial Journal

EFE

Consumer prices in Spain fell 0.2% in May over the same month of 2014, with four tenths moderates year decline was registered in April, advanced today the National Institute of Statistics (INE).

This moderation was due to rising gasoline and food, according to the source.

confirmed this data the index of consumer prices (CPI) the next day 12, would be the fourth consecutive month in which the fall in prices, which accumulate for eleven months of decline is moderating.

In monthly rate, the Prices rose 0.5% in May, in contrast to the stability shown in the same period last year (0%).

The Harmonised Index, which measures price developments with the same method in all countries of the euro area shows a moderation in four tenths compared to April, falling to put at 0.3%.

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