Spain's consumer price inflation accelerated less than expected in March to the highest level in nearly two years, a flash estimate from the statistical office INE revealed on Friday.
The consumer price index rose 3.3 percent year-on-year in March, faster than February's stable increase of 2.3 percent. The expected inflation rate was 3.7 percent.
Moreover, this was the highest inflation rate since June 2024, when prices had risen 3.4 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.