Spain’s harmonized inflation fell to 1.5 percent annually in April from 2.6 percent in March, final data from the statistical office INE revealed Tuesday. The annual rate matched flash estimate published on April 29.
At the same time, consumer price inflation eased to 1.4 percent, in line with flash estimate, from 2.4 percent a month ago.
The cost of communication logged the biggest annual fall of 4 percent annually, followed by a 0.7 percent drop in transportation. All other sub-components of CPI registered increases, with health and education rising 13 percent and 10.4 percent, respectively.
Food and non-alcoholic beverages prices rose by a moderate 2.6 percent and clothing and footwear by 0.2 percent.
Month-on-month, the harmonized index of consumer prices edged up 0.1 percent in April. The consumer price index gained 0.4 percent again, as seen in March.