Spain's consumer price inflation eased unexpectedly in May to the lowest level in nearly two years, mainly due to a fall in fuel prices, flash estimates from the statistical office INE showed Tuesday.
The consumer price index, or CPI, climbed at a slower pace of 3.2 percent year-over-year in May after a 4.1 percent increase in April. Meanwhile, economists had expected inflation to rise to 4.4 percent.
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