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The Spanish government will be releasing its estimated inflation   
figures and there is an indication of a positive result for the end
of the last quarter
of the 2009.

A survey of top analysts has determined that as September,
October will have an EU collective inflation of -0.8 percent.
Consumes prices in Spain as an annual trend is falling but the
rate of the country's inflation rate is shown to be more
positive by the start of 2010.

The back up in inflation rates is essentially a base-effect-led phenomenon at this stage.
Base effects on the energy-base components switched direction in August and the
process is to continue out to year end.

Government predicts that there will be a 1.0 % inflation rate at the start of the year
regardless of the Spanish property condition.

Main stream inflation which discards the more volatile elements of food and energy, may
create a drag on headline prices in Spain after falling to 0.4 percent in August from 2
percent in January 2009.

Falling main stream inflation will delay the trend toward positive prices in Spain when
compared to the rest the euro area.

Main stream prices in Spain have fallen due to low consumer spending, aggressive sales
campaigns by retailers and slow replacement of stock has hit by recession struck companies.

With Spanish property prices slowly bottoming out, this will help to stabilize inflation in the
coming months.