Inflation in Spain 1% Above July's Eurozone Average
4 Articles
4 Articles
The Spanish harmonised inflation data, which allows comparison at international level, is the fifth highest in the Union. Overall, inflation rose to 2.9% in the eurozone and 3% in the EU. More information: The biggest increase in the CPI in two years deflates the triumphalism over GDP and widens the purchasing power gap with the EU
The Spanish economy totals 15 months with inflation above the euro area average. In July, the harmonised CPI in Spain skyrocketed to 3.9%, a point above the 2.9% recorded in the single currency block. Read
Eurostat confirms that inflation in the eurozone rose to 2.9% in July and Spain rose to 3.9%, a point above average. Who is behind it? The ECB monitors the 2% target. Energy, with a 10.3% rise, is the main engine of the rebound. What impact does it have? Markets account for a rise in rates of 25 basis points in September. For Spain, the differential increases the funding. Eurozone inflation rose to 2.9% in July, a tenth more than in June, accord…
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