FX.co ★ Spain's Core CPI Slows Down in April 2024

In April 2024, Spain saw a slowdown in its Core Consumer Price Index (CPI) compared to the previous month. The current indicator reached 2.9%, down from 3.3% in March 2024. This data, reflecting the change in prices of goods and services excluding food and energy, was updated on May 14, 2024. The comparison period for this Core CPI data is year-over-year, which means it is a comparison of the change for April 2024 to the same month a year ago. This decrease in the Core CPI suggests a moderation in inflationary pressures in Spain, providing insights into the country's economic conditions and consumer spending patterns.