Spanish Inflation Jumps to Highest Since August on Base Effects

By Yahoo! Finance   |   1 year ago
Spanish Inflation Jumps to Highest Since August on Base Effects

Spanish inflation rose to 2.4% in November, driven by base effects, but is not expected to hinder ECB's interest rate reduction plans. The increase aligns with expectations, with the ECB aiming for a sustainable 2% target next year.

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