Spanish inflation falls more than expected to 2.4%

Spain's inflation falls in August to slowest pace in a year By Reuters

Spain's inflation falls in August to slowest pace in a year

Spain's Inflation Falls in August to Slowest Pace in a Year

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Spain's inflation falls in August to slowest pace in a year

Spain's EU-harmonised annual inflation fell to 2.4%, its slowest pace in a year, thanks to lower fuel and food prices, preliminary data released by the National Statistics Institute (INE) showed on Thursday.

Spanish inflation falls more than expected to 2.4%

Easing of price pressures in Eurozone’s fourth-biggest economy boosts hopes for rate cut next month

Inflation in Spain fell again, registering the third consecutive reduction. In August, the inflation rate stood at 2.2%, the Spanish statistical office confirmed. This is a decrease of six percentage points (p.p.) compared to the 2.8% achieved in the previous month. Economists expected inflation to fall to 2.4%, but the rate managed to fall more than expected. According to data from the Spanish INE, the decrease is due to the fall in fuel prices…

Spanish Inflation at One-Year Low With ECB Set to Cut Rates

(Bloomberg) — Spanish inflation eased to its lowest level in a year — a retreat that’s likely to be mirrored across the euro zone, allowing the European Central Bank to continue lowering interest rates.