Spain's inflation hits 2.4%, highest in four months, due to higher electricity and fuel costs.

Spain's inflation rose to 2.4% year-over-year in November, the highest in four months, due to increased electricity and fuel costs compared to the previous year. The increase aligns with market expectations and is partly due to temporary base effects. Despite the rise, Spain's economy remains strong, with low unemployment, though rising service prices are a concern for the European Central Bank.

November 28, 2024
9 Articles