Spain April CPI MoM preliminary

Spanish Statistical Office announced the Spain April CPI MoM preliminary on 2025-04-29. with the prior figure recorded as 0.10%.

Regarding the Spain April CPI MoM preliminary, The Consumer Price Index (CPI), also known as the Consumer Price Index, is a measure of the price of a fixed basket of consumer goods, primarily reflecting the changes in the prices that consumers pay for goods and services, and is also a tool for measuring the level of inflation, expressed as a percentage change. It is also used to measure the price changes of products and services related to residents' lives. A decline in this index reflects an economic recession, which is inevitably unfavorable for the currency exchange rate trend. However, if the Consumer Price Index rises, does it necessarily mean a favorable exchange rate? Not necessarily; it depends on how much the Consumer Price Index "rises." If the increase is moderate, it indicates a stable and upward economy, which is certainly beneficial for the country's currency. But if the increase is too large, it can have adverse effects, because the price index is inversely proportional to purchasing power. The more expensive the prices, the lower the purchasing power of the currency, which must be unfavorable for the country's currency.

This data holds an importance level of , calculated using Price changes of goods and services purchased by consumers, and updates monthly.

This content is AI-generated.Please verify before use.

Disclaimer: The content related to future events does not represent Gate.io’s position, nor does it constitute any investment advice, nor is it an endorsement of any third parties.