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Economy And The Numbers

Spain Inflation Rises Slightly To 2.2%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Spain's consumer price inflation increased for the first time in four months in June, though marginally, a flash estimate from the statistical office INE showed on Friday.

Consumer prices registered an annual growth of 2.2 percent in June, following a 2.0 percent rise in May. Economists had expected inflation to remain stable at 2.0 percent.

The upward trend in inflation was mainly due to higher fuel costs and, to a lesser extent, increases in food and non-alcoholic beverages, the agency said.

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