Prices return to positive territory in September after more than a year – Investing.com Spain

MADRID (Reuters) – prices in Spain rebounded in September and returned to positive territory for the first time since July 2015, according to data released Thursday by the National Statistics Institute.

The leading indicator of consumer prices showed an increase of 0.3 percent year-on-year in September, vs. a decline of 0.1 percent in August.

The INE attributed the uptick of the CPI to the rise of the prices of electricity and fuel, compared to the drop experienced in 2015.

In terms of the annual rate of the leading indicator of the HICP (harmonised with the eurozone), also came into positive territory in September, falling to 0.1 per cent, as against 0.3 per cent in August.

The CPI harmonized has remained in negative rates or flat since may of 2014.

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