| Actual | Previous | |
| Month over Month | 0.7% | -0.3% |
| Year over Year | 1.0% | 0.3% |
| HICP - M/M | 0.8% | -0.4% |
| HICP - Y/Y | 1.1% | -0.3% |
Highlights
Consumer prices are expected to rise 1.0 percent in February, year-on-year, a sharp acceleration from the 0.3 percent reported in January, according to preliminary figures. This is attributed to energy prices falling less sharply than they have in recent months. Food and services prices are also seen increasing.
On a month-on-month basis, consumers are likely to have spent 0.7 percent more overall than they did in January when outlays fell 0.3 percent, led by services. This is due in particular due to seasonal increases for transportation and the end of clothing and footwear sales.
The measure used to compare inflation among European economics, the HICP, is expected to show a 0.8 percent month-on-month increase in February after a 0.4 percent decline in January. Year-on-year, the HICP is seen up 1.1 percent after a 0.4 percent gain in January.