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MNI BRIEF: Spain Inflation At Highest Since 2008

(MNI) London

Spanish CPI rose by 0.8% between August and September, taking the annual rate of 4.0% in September, the highest level since September of 2008, according to data released by INe on Wednesday. Core inflation was more subdued, rising by an annual rate of just 1.0%, creating the biggest gap between the two measures since August of 1986.

HICP rose by 1.1% between August and September, taking the index 4.0% above its level of 2020. Eurozone September HICP data are due on Friday at 1000BST.

Source: INe

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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