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Canaria in the coalmine? Spanish inflation rate notches a 37-year high of 10.2%.
Summary by Ground News
Consumer prices in Spain rose 10.2% in June, according to the Instituto National de Estadistica. That increase was sharply higher than the consensus estimate of 9.2%. The inflation jump was driven by the cost of fuel, food and nonalcoholic beverages, and higher prices for hotels, cafes and restaurants.