RTTNews - Consumer prices in Spain fell 1% year-on-year in June, faster than a 0.9% drop in the preceding month, the National Statistics Institute said Friday. This came in line in with economists' expectations.
On a monthly basis, consumer prices climbed 0.4% in May, after remaining flat in the preceding month. Moreover, the rise matched economists' expectations.
Meanwhile, the harmonized index of consumer prices decreased 1% annually in June compared to a 0.9% fall in May. The decline matched the first estimate made on June 29, and also came in line with economists' expectations.
On a monthly basis, the HICP was up 0.5%, after being flat in May. Economists expected the prices to rise 0.4%.
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