{
  "id": 747253,
  "title": "Spain’s inflation picks up in July on energy costs",
  "url": "https://urgent.news/2026/08/13/spains-inflation-picks-up-in-july-on-energy-costs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T08:21:29.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/08/13/spain-s-inflation-picks-up-in-july-on-energy-costs"
  },
  "original_language": "en",
  "account": "Spanish inflation increased in July due to rising energy costs, according to the National Statistics Institute (INE). The annual inflation rate reached 3.6% in July, up from 3.2% in June, the institute reported. Energy prices, especially for motor fuels and electricity, played a significant role in the increase. However, prices for food and non-alcoholic beverages, particularly fruits and vegetables, decreased. The initial estimate for July was 3.5%. The Spanish central bank had already raised its inflation forecast for the year in June, anticipating it to reach 3.6%. The closure of the Strait of Hormuz, a vital shipping route for Gulf oil and gas exports, and the subsequent US and Israeli attacks on Iran, have disrupted global energy markets.",
  "summary": "The annual inflation rate stood at 3.6% in July, up from 3.2% in June and above the estimated 3.5%.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Spain’s inflation picks up in July on energy costs",
        "url": "https://urgent.news/2026/08/13/spains-inflation-picks-up-in-july-on-energy-costs-752312",
        "published": "2026-08-13T08:21:29.000Z"
      }
    ]
  },
  "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."
}