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Flash estimate of the Consumer Price Index (CPI): Jan 2024

From ine.es

The estimated annual inflation of the CPI in January 2024 is 3.4%, according to the flash indicator prepared by the NSI. This indicator provides a preview of the CPI which, if confirmed, would mean an increase of three tenth in its annual rate, since in December this variation was 3.1%. This development is mainly due to the increase in electricity prices, compared to the decrease in January 2023. In the opposite direction, fuels stand out, whose prices decreased, while they rose in the same month of 2023. The estimated annual variation rate of underlying inflation (general index excluding non-processed food and ... (full story)

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