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Spain's consumer prices rise 0.1 pct in June

Xinhua, July 15, 2015 Adjust font size:

Spain's consumer prices rose 0.1 percent in June when compared with the same month of a year earlier according to the Consumer Price Index (CPI) published on Tuesday by Spain's Statistical Office (INE).

The annual inflation rate of June is 0.3 percent higher than that of May, especially due to higher prices of electricity that had fallen in June 2014.

Prices of items related to housing fell by 0.9 percent, which is 1.5 percent higher than the inflation rate of a year before.

Prices of food and non alcoholic drinks rose by 1.8 percent while prices of transport fell by 2.8 percent.

According to the INE, prices increased by 0.3 percent in June when compared with May. Prices of items related to housing increased by 1 percent, prices of food and non-alcoholic drinks rose by 0.5 percent and prices of leisure and culture items rose by 0.7 percent. On the other hand, prices of clothing and shoes fell by 1.2 percent.

Spanish prices rose for the first time in 11 months on a year-on-year basis, while on a month-to-month basis the IPC experienced the biggest rise since June, 2009. Endit