Home breadcru News breadcru Policy breadcru Apparel-footwear positively contributed to Spain's monthly CPI rate

Apparel-footwear positively contributed to Spain's monthly CPI rate

19 Oct '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

The annual variation rate of the September consumer price index (CPI) in Spain was 8.9 per cent, more than 1.5 points above that registered in August. Apparel and footwear was among the sectors with a positive monthly contribution to the CPI rate, with a monthly variation rate of 3.6 per cent. This reflects the behaviour of prices at the beginning of the fall-winter season.

The contribution of the apparel and footwear sector to the overall CPI was 0.180.

The annual rate of core inflation decreased by two-tenths to 6.2 per cent, government statistics showed. The monthly variation rate for the overall index is minus 0.7 per cent.

The annual rate of the harmonised index of consumer prices (HICP) stood at 9 per cent, 1.5 points higher than that of the previous month.

ALCHEMPro News Desk (DS)

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