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Spain's annual inflation holds steady at 3.5% in October 2023

31 Oct '23
1 min read
Pic: Adobe Stock/MasterSergeant
Pic: Adobe Stock/MasterSergeant

Insights

  • An annual inflation rate of *.* per cent for October 2023 is projected for Spain by a flash indicator.
  • If confirmed, this means the inflation rate remains unchanged from September 2023.
  • The country's underlying annual inflation rate saw a slight decrease to *.* per cent.
  • On a monthly basis, consumer prices rose by a modest *.* per cent in October 2023.

Should these preliminary figures be confirmed, it would signify that the annual rate of inflation has remained stable, as the rate for September **** was also *.* per cent. Meanwhile, the estimated annual underlying inflation rate decreased by six-tenths, standing at *.* per cent, NSI said in a press release.

In terms of monthly figures, consumer prices saw a moderate increase of *.* per cent in October **** compared to the previous month.

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