Spain's inflation rate fell to 3.4% in June due to lower food and fuel costs, per INE.

Spain's inflation rate fell to 3.4% in June due to lower food and fuel costs, according to the National Institute of Statistics (INE). Consumer price index (CPI) was revised to show a 0.4% monthly growth, down from 0.3% in May. Harmonized index of consumer prices also increased by 0.4%, up from 0.3% in the previous month. The core inflation, which excludes food and energy, held steady at 3.0%.

July 12, 2024
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