-
Flash estimate of the Spanish Consumer Price Index (CPI) May 2024
The estimated annual inflation of the CPI in May 2024 is 3.6%, 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 tenths in its annual rate, since in April this variation was 3.3%. This evolution is mainly due to the rise in electricity prices, compared with the decrease in May 2023. Also to fuel prices, whose prices decline less than in the same month of the previous year. The estimated annual variation rate of underlying inflation (general index excluding non-processed food and energy products) increases one tenth, ... (full story)