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Spain's inflation dropped to 2.9% in December, the lowest in four months, due to lower fuel prices, while consumer spending rose strongly.
Spain's inflation slowed to 2.9% in December, the lowest in four months, driven by falling fuel prices, while underlying inflation held steady at 2.6%.
The monthly consumer price index rose 0.3%, matching a modest uptick in retail sales, which jumped 6.0% year-on-year in November—the strongest gain since June—suggesting easing inflation and improving consumer spending.
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La inflación de España cayó en diciembre al 2,9%, el nivel más bajo en cuatro meses, debido a la reducción de los precios de los combustibles, mientras que el gasto de los consumidores aumentó fuertemente.