Spain August Harmonized CPI Year-on-Year Preliminary Value
National Statistics Institute of Spain announced the Spain August Harmonized CPI Year-on-Year Preliminary Value on 2025-08-29. with the prior figure recorded as 2.70%.
Regarding the Spain August Harmonized CPI Year-on-Year Preliminary Value, Actual value > forecast value = bullish for the Euro, The Harmonized Index of Consumer Prices (HICP) is the most commonly used tool for measuring inflation, and the European Union's statistical office has coordinated the compilation methods of the consumer price index for EU member states. This indicator is similar to the consumer price index, but in addition to measuring all the elements included in the consumer price index, it also includes personal computers, new cars, and airplane tickets, while excluding personal housing and local government taxes. Generally speaking, an increase in the data suggests that the Bank of Spain may raise interest rates to control inflation, which would be favorable (or bullish) for the euro; conversely, a decline in the data suggests that the Bank of Spain may keep interest rates unchanged or lower interest rates, which would be unfavorable (or bearish) for the euro.
This data holds an importance level of , calculated using The Harmonised Index of Consumer Prices (HICP) is primarily used within the European Union and serves as an indicator of the prices consumers pay for a basket of goods and services. The use of a consistent calculation method across countries ensures the comparability of inflation measures. The annual (or monthly) growth rate represents the inflation rate, and updates Monthly. The next release is set for 2025-09-29 15:00:00.
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