The annual change in the CPI flash estimate stands at 2.2% in August, six tenths of a percentage point lower than that recorded in July. The annual rate of the leading indicator of core inflation fell by one tenth of a percentage point to 2.7%.
The Consumer Price Index (CPI) is a statistical measure of the evolution of the prices of goods and services consumed by the population residing in family dwellings in Spain.
The set of goods and services, which make up the shopping basket, is basically obtained from household consumption and the importance of each of them in the calculation of the CPI is determined by this consumption.
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