Spain May Harmonized CPI YoY Final

National Statistics Institute of Spain announced the Spain May Harmonized CPI YoY Final on 2025-06-13. The reported figure stands at 2%, against a forecast of 1.9%, with the prior figure recorded as 1.90%.

Regarding the Spain May Harmonized CPI YoY Final, Actual value > Forecast value = Bullish for Euro, The Harmonized Index of Consumer Prices (HICP) is the most commonly used tool for measuring inflation, and the European Statistical Office has standardized the methods for compiling the consumer price indices of EU member states. This indicator is similar to the Consumer Price Index, but in addition to measuring all elements included in the Consumer Price Index, it also includes personal computers, new cars, and airplane tickets, while excluding personal housing and local government taxes. Generally, an increase in the data indicates that the Bank of Spain may raise interest rates to control inflation, which would be favorable (or bullish) for the euro; conversely, a decline in the data suggests that the Bank of Spain may keep interest rates unchanged or lower interest rates, which would be unfavorable (or bearish) for the euro.

This data holds an importance level of , calculated using The Harmonized Index of Consumer Prices (HICP) is primarily used within the European Union and serves as an indicator of the prices consumers pay for a basket of goods and services. The use of the same calculation method across countries ensures the comparability of inflation measurement indicators. The annual (or monthly) growth rate represents the inflation rate, and updates monthly. The next release is set for 2025-07-15 15:00:00.

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