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Inflation Picks Up Again in Spain in August

World News

30-08-2023 | 06:54

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Inflation Picks Up Again in Spain in August

Inflation in Spain accelerated once again in August, reaching 2.6% annually, after dropping to less than 2% in June, according to a preliminary estimate released by the National Institute of Statistics on Wednesday.

This price increase, yet to be confirmed, is 0.3 percentage points higher compared to July (2.3%).

In June, inflation significantly slowed down in Spain to 1.9%, returning for the first time since March 2021 to the European Central Bank's target of 2%."

AFP

World News

Inflation

Spain

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