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Published 1 month ago

Spanish Inflation Picks Up in March as Energy Prices Rise

Summary by Ground News

Consumer prices rose 3.2 percent on an annual basis, up from 2.8 percent in February. The main factor pushing up inflation was a rise in the price of electricity and fuel. Spanish inflation hit a record 10.8 per cent in July 2022, its highest level since 1985. Socialist Prime Minister Pedro Sanchez put in place a series of measures to help households cope with higher inflation.

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Spanish Inflation Picks Up in March as Energy Prices Rise

Spanish inflation accelerated in March due mainly to higher energy costs, preliminary official data showed Wednesday.

1 month ago·Beirut, Lebanon

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