Spain July Harmonized CPI YoY Preliminary
National Statistics Institute of Spain announced the Spain July Harmonized CPI YoY Preliminary on 2025-07-30. with the prior figure recorded as 2.30%.
Regarding the Spain July Harmonized CPI YoY Preliminary, 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 of EU member states. This indicator is similar to the Consumer Price Index, but it includes all elements contained 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 data suggests that the Bank of Spain may raise interest rates to control inflation, which would be positive (or bullish) for the euro; conversely, a decline in data implies that the Bank of Spain may keep interest rates unchanged or lower them, which would be negative (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 that consumers pay for a basket of goods and services. The adoption of the same calculation method across countries allows for comparability of inflation measurement. The annual (or monthly) growth rate represents the inflation rate, and updates monthly.
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