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Spain: The flash estimate of CPI annual variation stood at the -0.4% in November

From ine.es

The estimated annual CPI inflation november 2014 is the -0.4%, according to the leading indicator developed by the INE. This indicator provides a preview of IPC that, if confirmed, would be a to decrease of three tenths in the annual rate, since in the month of October this variation was the -0.1%. This decline is explained, almost entirely, by drop in prices of energy products (electricity and gasolines). For its part, the annual variation of HICP flash in November was -0.5%. If this information is confirmed, the annual rate of HICP decrease three tenths respect the previous month (full story)

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