What caused inflation in Spain to rise above market forecast this month
Inflation rose to 5.8% across Spain in January, much above the market forecast. The preliminary figure was up from 5.7% in December 2022, a 13-month low, as fuel price hikes accelerated in January. Meanwhile, clothing, footwear and electricity prices decreased from a year ago. The market estimate was at 4.9% year-on-year in January’s consumer prices. […]
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