US EditionRain in Spain drives down inflation in March
29 Articles
29 Articles
The "strong rains" bring the biggest drop in inflation in two years to 2.3% in March
The INE advances a moderation of the annual CPI of seven tenths mainly due to the lower price of electricityThe supermarkets squeeze inflation and recover the 'extraordinary' profit margins of the pandemic Inflation has moderated in March seven tenths to 2.3% due to the fall in the price of electricity and fuels. The INE has advanced this Friday the biggest decrease in the CPI (Consumer Price Index) year-on-year since May 2023. In plainer terms,…
Inflation slows sharply in March to 2.3 per cent due to the impact of rains on energy prices
Inflation has given a respite in March and has gone back seven tenths, to 2.3%, according to the data published earlier this Friday by the National Institute of Statistics (INE). The fall in prices is due to the moderation of energy prices, in particular electricity, which has been reduced by heavy rains, as explained by the Ministry of Economy, Commerce and Enterprise. Thus, the economy breaks with the upward trend of the last five months, incl…
Inflation gives a respite and stands at 2.3% in March after the fall of the light by the rains
Inflation has broken with its upswing and in March it has reached an average of 2.3%, seven tenths less than the 3% recorded in February. If the data is confirmed, which for the moment is an estimate of the National Institute of Statistics (INE), the CPI breaks with five uninterrupted months of escalation, which began in October starting from 1.5%, and is slightly closer to that 2% that the European Central Bank places as a 'prudent' rate. Stati…
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