Spain May Harmonized CPI MoM Preliminary

2025/05/30 07:00:00

National Statistics Institute of Spain announced the Spain May Harmonized CPI MoM Preliminary on 2025-05-30. The reported figure stands at -0.1%, against a forecast of 0%, with the prior figure recorded as 0.6%.

Regarding the Spain May Harmonized CPI MoM Preliminary, The Harmonized Index of Consumer Prices (HICP) is the most commonly used tool for measuring inflation, and the European Union's statistical office has standardized the compilation methods for 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.

This data holds an importance level of , calculated using The Harmonized Index of Consumer Prices (HICP) is mainly used within the European Union and is an indicator of the prices consumers pay for a basket of goods and services. By using the same methodology across countries, it allows for comparability of inflation measures. The annual (or monthly) growth rate represents the inflation rate, and updates monthly.

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