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The leading indicator of the CPI places its annual variation at 0.6%

From ine.es

The INE, aware of the relevance of underlying inflation in the analysis of the price evolution, incorporates this information for the first time in the publication of the leading indicator. Evolution of the annual rate Estimated annual CPI inflation in January 2021 is 0.6%, according to the indicator advance prepared by the INE. This indicator provides a preview of the CPI which, if confirmed, would represent a increase of 1.1 points in its annual rate, since in December this variation was of –0.5%. In this behavior, the rise in electricity prices stands out, higher this month than in 2020. It also influences that ... (full story)

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