MADRID (dpa-AFX) - Spain's consumer prices declined for the fourth straight in July, preliminary data from the statistical office INE showed on Thursday.
The consumer prices fell 0.6 percent yearly in July, following a 0.3 percent in June. Economists had forecast a 0.3 percent fall.
Prices in the food and non-alcoholic beverages group declined by 2.2 percent annually in July.
On a month-on-month basis, consumer prices declined 0.9 percent in July, after a 0.5 percent rise in the previous month. Economists had forecast a 0.55 percent fall.
The harmonized index of consumer prices declined 0.7 percent annually in July. Economists had forecast a fall of 0.2 percent.
On a monthly basis, the HICP fell 1.6 percent in July.
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