Spain April Harmonized CPI Year-on-Year Preliminary Value

National Statistics Institute of Spain announced the Spain April Harmonized CPI Year-on-Year Preliminary Value on 2025-04-29.

Regarding the Spain April Harmonized CPI Year-on-Year Preliminary Value, Actual value > Forecast value = Bullish for Euro, The Harmonized Index of Consumer Prices (HICP) is the most commonly used tool for measuring inflation, and the European Statistical Office has standardized the compilation methods of the consumer price indices for EU member states. This indicator is similar to the Consumer Price Index, as it measures all the elements included in the Consumer Price Index, as well as personal computers, new cars, and airplane tickets, while excluding personal housing and local government taxes. Generally speaking, an increase in the data implies that the Bank of Spain may raise interest rates to control inflation, which would be favorable (or bullish) for the euro; conversely, a decline in the data suggests that the Bank of Spain may keep interest rates unchanged or lower them, which would be unfavorable (or bearish) for the euro.

This data holds an importance level of , calculated using The Harmonized Index of Consumer Prices (HICP) is primarily used within the European Union and is an indicator of the prices consumers pay for a basket of goods and services. By employing the same methodology across countries, it ensures comparability of inflation metrics. The annual (or monthly) growth rate represents the inflation rate, and updates monthly. The next release is set for 2025-05-14 15:00:00.

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