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FX.co ★ Spain's Core CPI Sees Decrease to 2.9% in April 2024

Spain's Core CPI Sees Decrease to 2.9% in April 2024

In a recent report released on April 29, 2024, Spain's Core Consumer Price Index (CPI) for April has shown a decrease to 2.9%, down from the previous indicator of 3.3% in April 2024. The Core CPI measures the change in the price of goods and services, excluding food and energy, and is an essential indicator of inflation levels in the economy.

The comparison period for this data is year-over-year, meaning the current 2.9% figure is a comparison of the change in April 2024 to the same month a year ago. This decrease in the Core CPI could signify a lower rate of inflation in Spain, which may have implications for the country's economic policies and consumer spending patterns moving forward. Stay tuned for more updates on Spain's economic indicators and trends.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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