European Economic News

Spain's Consumer Prices Fall For First Time In 5 Months

Spain's consumer prices declined for the first time in five months in March, flash estimates from the statistical office INE showed Friday.

Consumer prices dropped 0.2 percent year-on-year in March, after staying flat in the prior month. Prices were forecast to remain unchanged as seen in February.

The harmonized index of consumer prices also fell 0.2 percent annually in March, following a 0.1 percent rise in February.

Month-on-month, consumer prices gained 0.2 percent in February, data showed.

by RTTNews Staff Writer

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