Spain's Inflation Eases in April

The annual inflation rate in Spain showed a slight decrease to 2.2% in April, down from 2.3% in March, according to the preliminary report released by the National Statistics Institute (INE) on Tuesday. This figure was slightly higher than economists had anticipated.

Monthly and Core Inflation Trends

On a month-on-month basis, inflation saw an increase of 0.6%. Meanwhile, the core inflation rate, which excludes volatile food and energy prices, registered a 2.4% increase both yearly and monthly.

Harmonized Index of Consumer Prices

The Harmonized Index of Consumer Prices (HICP) remained steady at 2.2% compared to April 2024, with a monthly rise of 0.6%.