{
  "id": 17211065,
  "title": "Spain’s inflation holds at 4.9% as lower motor fuel prices offset pressure from gas and heating costs",
  "url": "https://urgent.news/2026/10/30/spains-inflation-holds-at-4-9-as-lower-motor-fuel-prices-offset",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T09:53:06.000Z",
  "source": {
    "name": "Spain in English",
    "slug": "spain-in-english",
    "url": "https://www.spainenglish.com/2026/10/30/spains-inflation-holds-at-4-9-as-lower-motor-fuel-prices-offset-pressure-from-gas-and-heating-costs/"
  },
  "original_language": "en",
  "account": "Spain's annual inflation rate remained steady at 4.9% in October, according to preliminary figures from the National Statistics Institute (INE). The rate, which has been at its highest level since February 2023, remained unchanged from September. The core inflation, which excludes energy and unprocessed food, also held steady at 3.1%, the highest level since March 2024. Motor fuels and lubricants were the main factor restraining inflation, as their prices fell more sharply in October compared to previous months. Food and non-alcoholic drinks, as well as clothing, helped to contain inflation by causing less price increases. However, gas prices rose sharply, alongside liquid fuels and package holidays, exerting upward pressure on the annual comparison. Despite the stability in the headline rate, prices continued to climb, increasing by 0.6% compared to September, double the previous month's 0.3% rise. The steady inflation is expected to be due to the government's measures to cushion households and businesses from the economic consequences of the Iran conflict. The final inflation figures for October, including a detailed breakdown by spending category, are set to be released on November 13.",
  "summary": "Spain’s annual inflation rate remained at 4.9% in October, with falling motor fuel prices and more moderate increases in food and clothing offset by upward pressure from gas, heating fuels and package holidays. Preliminary figures released by the National Statistics Institute (INE) on Friday showed that inflation was unchanged from... The post Spain’s inflation holds at 4.9% as lower motor fuel…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "France's October inflation expected to rise to 3.4%, above estimates",
        "url": "https://urgent.news/2026/10/30/frances-october-inflation-expected-to-rise-to-3-4-above-estimates",
        "published": "2026-10-30T07:57:50.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Spain’s inflation rate holds steady at 4.9% in October",
        "url": "https://urgent.news/2026/10/30/spains-inflation-rate-holds-steady-at-4-9-in-october",
        "published": "2026-10-30T08:15:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}