Madrid, May 30, 2025 (AFP) - Spain inflation falls below target in May

NAMPA / AFP

2025-05-30

Spanish inflation dipped below the European Central Bank's two percent target in May, preliminary data showed Friday, boosting the case for more interest rate cuts in the eurozone. Consumer price rises in the European Union's fourth-largest economy slowed to 1.9 percent on an annual basis, down from 2.2 percent in April, the National Statistics Institute said. The decline was mainly driven by a decrease in leisure and cultural prices, which had s......

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