The latest data for Spain's Consumer Price Index (CPI) shows a decline in February 2024. The current indicator stopped at 2.8%, down from the previous month's 3.4% in January 2024. This change represents a year-over-year comparison, indicating a decrease in inflation rates for the country.
The Spanish CPI data was updated on February 29, 2024, highlighting the most recent economic trend in the region. The decrease in the CPI suggests that consumer prices grew at a slower pace in February compared to the same month a year ago. This development could have implications for the overall economic landscape of Spain and influence monetary policy decisions moving forward.