FX.co ★ Spain's CPI Sees a Cool Down in January, Drops to 0.2%

In an updated report released on February 14, 2025, Spain's Consumer Price Index (CPI) has shown a slight cooling trend as the index fell to 0.2% for the month of January. This marks a decline from the previous month's rate of 0.5%, indicating a deceleration in inflationary pressures.

The month-over-month comparison highlights a notable shift from December to January where the CPI's growth halved. Economists had closely monitored this decrease as it shapes expectations surrounding the European Central Bank’s monetary policies and consumer spending behavior.

This reduction in the CPI reflects several underlying factors which may include adjustments in energy prices, public policy interventions, or shifts in consumer demand dynamics within the Spanish economy. As such, this latest data point could play a significant role in shaping future economic forecasts and monetary policy decisions within Spain and across the eurozone.