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Spain’s inflation reaches highest rate in more than three years

Inflation in Spain accelerated in September to its highest level since February 2023, driven mainly by rising fuel and air travel prices, according to final figures released by the National Statistics…

  • Spain's inflation hit 5.0% annual rate in September 2022, highest in 38 years
  • Core inflation rises to 3.1%, excluding volatile food and energy prices
  • Fuel and air travel cost hikes drive price surge, inflation above ECB's 2% target

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