Annual inflation stood at 1.9% in June, the same rate recorded in May, the leading indicator of consumer price index (CPI) released today by the National Institute Statistics (INE).

This listing has especially influenced the fall in prices of fuels and lubricants, which has been offset by the price behavior of snuff and food.

The INE has also published the leading indicator of CPI (HICP), which measures changes in prices by the same method in all countries of the euro area, according to which inflation has been on June 1, 8%, one tenth less than the previous month.

The leading indicator is an increase of CPI, which definitive data will be released on July 13, and usually does not vary significantly.

To match the information we have today with the publication in July confirmed the downward trend in inflation that began in May 2011, when it stood at 3.5% and was down sequentially until September, when which increased by one tenth to 3.1%

Since September there have been successive reductions in the CPI-year except April, when the rate rose to 2.1%, two tenths more than that recorded in the previous month.

The INE started spreading the leading indicator of CPI in January 2011, because from that date the methodology for calculating the CPI and the HICP differ in the treatment of clothing and footwear, and fruits and vegetables by the entry into force of regulatory change in the European Commission.

Although the INE published an advance indicator of the HICP since 2004, from 2011 offers complete information on the evolution of consumer prices.