Spanish inflation stays well above ECB's 2% target despite energy price drop after US-Iran deal
Spanish inflation unexpectedly held well above the European Central Bank's 2% target in the first reading since the US-Iran peace deal, which had brought down energy prices. Analysts had expected cheaper energy to translate into a more pronounced drop in inflation. The figures point to persistent price pressures in the Spanish economy despite the easing of energy costs.
Comments
No comments yet
Comments
No comments yet โ be the first to weigh in ๐
No comments yet. Be the first!