Spain October CPI MoM Preliminary
Spanish Statistical Office announced the Spain October CPI MoM Preliminary on 2025-10-30.
Regarding the Spain October 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, mainly 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 is used to measure the price changes of products and services related to residents' living. A decline in this index reflects an economic recession, which will inevitably have an adverse effect on the currency exchange rate trend. However, if the CPI rises, does it necessarily mean a favorable exchange rate? Not necessarily; it depends on how much the CPI increases. If the increase is moderate, it indicates a stable and upward economy, which is certainly beneficial for the country's currency. However, if the increase is too large, it can have negative 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 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 Every month. The next release is set for 2025-11-28 16:00:00.
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 |
|---|---|---|---|---|
0.61% | 3.4% | 0.11% | 2.68% | 40.9% |
