Spain August CPI MoM preliminary
Spanish Statistics Office announced the Spain August CPI MoM preliminary on 2025-08-29. with the prior figure recorded as -0.1%.
Regarding the Spain August CPI MoM preliminary, The Consumer Price Index (CPI), also known as the Consumer Price Index, is a measure of the prices of a fixed basket of consumer goods, primarily reflecting the changes in the prices paid by consumers for goods and services. It is also a tool for measuring the level of inflation, expressed in percentage changes. At the same time, it serves as an indicator of price fluctuations related to products and services associated with residents' living standards. A decline in this index reflects economic recession, which is inevitably adverse to the trend of currency exchange rates. However, if the Consumer Price Index rises, does it necessarily mean favorable conditions for the exchange rate? Not necessarily; it depends on how much the Consumer Price Index increases. If the increase is moderate, it indicates stable economic growth, which is naturally beneficial for the country's currency. However, if the index rises excessively, it can have adverse effects, because the price index is inversely proportional to purchasing power. The higher the prices, the lower the purchasing power of the currency, which will inevitably be detrimental to 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. The next release is set for 2025-09-29 15:00:00.
This content is AI-generated.Please verify before use.
Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.
Comment
Recommended Crypto
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
1.96% | 0.11% | 2.74% | 10.84% | 79.9% |
