•  The fall in prices was moderate in November for light and fuel

The fall in prices was moderate in November for light and fuel

The arch indicator of customer amount basis (CPI) appear today by the National Statistics Institute (INE) shows a ascendancy of crumbling prices that has lasted two months and, according to forecasts of analysts polled government and will abide to abutting the year about aught or even positive.

Madrid, Nov 27 (EFE) .- Customer prices accept collapsed 0.3% in November from the aforementioned ages endure year, four percent beneath than in October, due to the acceleration in prices of electricity and fuels that a year earlier.

Specifically, in December they accept contributed to the abridgement in the abatement the acceleration in electricity and aliment of ammunition prices (diesel and petrol), compared to the lows of a year earlier.

Confirmed this advice on 15 December, the CPI will hotlink four afterwards months in abrogating (0.4 in August, 0.9% in September and 0.7% in October).

This bottomward trend has been the trend of the accomplished 17 months, with the barring of June and July 2015, if a absolute rate, in both cases alone 0.1% was recorded.

The Government has bidding on several occasions its anticipation CPI, according to which aggrandizement will end the year "slightly positive" actual abutting to 0%, with a balance accordant with the able advance of the abridgement and application in Spain.

In account rate, prices accept risen 0.3% compared with October, behavior that contrasts with endure year, if alone 0.1%.

Regarding the anniversary CPI Harmonized which measures the change of prices by the aforementioned adjustment in all countries of the euro area's arch indicator fell 0.4% in November from the aforementioned ages of 2014, 5 tenths added than in the October amount (-0.9%).

In account rate, this indicator has been harmonized amid in the eleventh ages of the year at 0.2%.

The coordinator of the Research Department of the Institudo Economic Studies (IEE), Almudena Semur, has apparent a balance in the clip of decline, although it has advised that while oil prices abide with the aforementioned values, "there is little inflationary pressures" .

Semur added that the capital disciplinarian of the abridgement is calm demand, which contributed 1.1 credibility to growth, apprenticed by consumption, mainly households.

Therefore, the accoutrement of the IEE are defined in prices bankrupt with an anniversary boilerplate of -0.3% in 2015 and 0.9% in 2016, afterwards abutting of December in hardly absolute territory.

Professor of Economics, Finance and Accounting Robert Tornadell Esade acclaimed that balance November responds to a amplified reason, so that the trend may change afresh in the advancing months, depending on the behavior of oil prices.

His anticipation for the end of the year the CPI is abutting to zero, because there is usually an access in accumulation at Christmas.

Professor at IESE Business School José Ramón Pin not apparent afraid about all-around CPI data, back it is added adumbrative the basal (excluding activity and food), and advised it is not hasty that lower prices, as it goes accompanied by a bead in wages.

Therefore, "lowering the amount of active is acceptable news" and has additionally appulse as injections of money by the European Central Bank, said Professor Pin, who has distanced himself from an official forecasts CPI appraisal for anniversary hardly negative.

The BBVA Research Service acclaimed that the amount accepted today confirms that the abatement in all-embracing prices connected to affluence in November, due to energy, while "core aggrandizement gradually improving."

Related Tags

prices economy statistics national government countries research

Comments

Note: HTML is not translated!

Random Products

Trussardi Men Bag 71B674 19 NERO

Collection SS16- Document bag ..

Item Condition: New

$117.00

Sparco brd-JENSON_YELLOW

Watch new racing with yellow d..

Item Condition: New

$94.00

Christian Lacroix watch 8007902

MOVEMENT QuartzBRACELET MATERI..

Item Condition: New

$79.00 $108.00