Tuesday, November 29, 2016

Prices in Spain go up in November for third consecutive month – Investing.com Spain

MADRID (Reuters) – prices in Spain increased by 0.7 per cent year-on-year in November, staying for the third consecutive month in positive territory, according to data released Tuesday by the National Statistics Institute.

In the month of October, the climb was the same, at 0.7 percent, and in September, 0.2 per cent, after 13 months without increases in a context of low prices .

The INE said the increase of the rate of inflation in November slowed for the descent of the prices of the fuels.

The CPI harmonised with the eurozone (HICP), preliminary, it stood at 0.5 percent year-on-year, in line with the forecasts of the analysts consulted by Reuters.

In monthly terms, prices rose 0.3 percent in November, while the monthly change of the HICP increased by 0.2 percent.

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