Spain February CPI Up 4.4% On Year, Up 0.2% On Month
MADRID (Dow Jones)--Spanish inflation continued to accelerate in February, final data from the National Statistics Institute, or INE, showed Thursday.
Consumer prices rose an annual 4.4% in February, the INE said in a statement. On a monthly basis, consumer prices rose 0.2%.
In January, consumer prices rose 4.3% on the year and fell 0.6% on the month.
On a European Union-harmonized basis, inflation was 4.4%, matching the estimate the INE gave on Feb. 29.
Consumer prices have soared across the euro zone in recent months due to rising oil and food prices. The effect has been especially acute in Spain because food carries a greater weighting in the country's consumer price index-basket and because Spain has a greater reliance on oil imports.
INE Web site: http://www.ine.es
-By Jonathan House, Dow Jones Newswires; +34 91 395 8120; jonathan.house@dowjones
(END) Dow Jones Newswires
March 13, 2008 04:00 ET (08:00 GMT)
Copyright 2008 Dow Jones & Company, Inc.
By Jonathan House
Of DOW JONES NEWSWIRES
MADRID (Dow Jones)--Spanish inflation continued to accelerate in February, final data from the National Statistics Institute, or INE, showed Thursday.
Consumer prices rose an annual 4.4% in February, the INE said in a statement. On a monthly basis, consumer prices rose 0.2%.
In January, consumer prices rose 4.3% on the year and fell 0.6% on the month.
On a European Union-harmonized basis, inflation was 4.4%, matching the estimate the INE gave on Feb. 29.
Consumer prices have soared across the euro zone in recent months due to rising oil and food prices. The effect has been especially acute in Spain because food carries a greater weighting in the country's consumer price index-basket and because Spain has a greater reliance on oil imports.
INE Web site: http://www.ine.es
-By Jonathan House, Dow Jones Newswires; +34 91 395 8120; jonathan.house@dowjones
(END) Dow Jones Newswires
March 13, 2008 04:00 ET (08:00 GMT)
Copyright 2008 Dow Jones & Company, Inc.
No comments:
Post a Comment