Spain’s annual inflation rate in November has remained unchanged from the previous month at 1.6%, according to the country’s central statistics unit.
In January, inflation reached 3% then fell rapidly to 1.5% in June and since then has remained around the 1.5-2% mark. Inflation has now settled in positive territory for the last 15 consecutive months.
During the month, the retail price index rose by 0.4%, the same as in the previous two November’s. A rise in fuel prices is a contributing factor to the increase in the retail price index, the unit says.
Source: Murcia Today & The Spanish Central Statistics Unit.Tags: Spanish inflation Rates