Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Bank of Spain sees price rises easing through 2017

Source: Reuters - Thu 30th Mar 2017
Bank of Spain sees price rises easing through 2017

The Bank of Spain said on Thursday it expected consumer price rises, which hit four-year highs at the beginning of the year, to ease through 2017 as the effect of high oil prices wears off.

"The evolution of oil prices through 2016, which affects the energy component of consumer prices, largely explains the rise in annual prices in the first few months of 2017, and so a slow down is expected for the rest of the year," the Bank said.

Inflation was expected to hold below 1.5% in 2018, the central bank said.

Recommended Reading :

* Spanish Banks borrowed EU145 Bln in February

* Spain's growth may top 2.5% for next 2 - 4 years : Minister