US EditionInflation Rises to 3.4 per Cent in March Due to the Rise in Gasoline as a Result of the War in Iran
19 Articles
19 Articles
The prices of goods and services grow more in Spain than in the Eurozone average, contributing even more to the deterioration of purchasing power.
The Consumer Price Index (CPI) rose to 3.4% in March, its highest value since June 2024 and a tenth higher than the advance at the end of last month, due to the increase in gasolines resulting from the war in Iran, according to the definitive data published this Tuesday by the National Institute of Statistics (INE).The year-on-year rate recorded an increase of 1.1 points, the highest since June 2022, when inflation climbed from 8.7% to 10.2%.The…
The price of gasoline skyrocketed by 4.8% in March, diesel oil rose by 17.9% and electricity rose by 4.3% due to the impact of the gas quotation in the first month...
The INE anticipated an increase in prices of 3.3%, but the increase in fuel prices offset, in part, the tax reliefs in VAT before Easter
The Consumer Price Index (CPI) has rebounded to 3.4% in Spain during the month of March, which is one more point compared to the same period as the previous year. Of course, this sharp increase in inflation is due to the war in the Middle East that began just at the end of the previous month, the 28th.
There are figures that don’t stay on paper. They feel. Like that moment when you’re at the gas station, you look at the pump and you think: “But this wasn’t cheaper does nothing?” You don’t know exactly how much it has gone up... but you notice it. And that’s basically what happened this March with inflation in Spain. The CPI has risen to 3.4%. That said, it may sound like a cold fact. But if you look closely, it’s 1.1 points more than in Februa…
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