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Tourism boosts Spanish consumer prices for April

Staff Writer |
Spanish consumer prices rose past forecasts in April, pushed higher by tourism prices as a result of the Easter holidays and a higher cost of electricity versus a year ago.

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The consumer price index advanced at a 1.0% month-on-month clip, pushing the year-over-year rate of inflation up from 2.3% in March to 2.6% for April, according to INE.

In harmonised terms, CPI also accelerated from a 2.3% clip to 2.6%.

Electricity prices were flat in April versus a drop in the same month one year ago.

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