The gold ten data on August 29th, Angel Talavera, the head of the Oxford Economic Research Institute’s European economy, said that good news about Spanish consumer prices has emerged again in August. According to the EU’s unified standards, Spain’s CPI increased by 2.4% year-on-year in the same month, a decrease from the previous month, due to the weakening of energy effects. Talavera said that core inflation is also continuing to ease, and everything now indicates that inflation in the eurozone’s fourth largest economy is normalizing. Nevertheless, the inflation rate in the coming months may increase slightly.
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The gold ten data on August 29th, Angel Talavera, the head of the Oxford Economic Research Institute’s European economy, said that good news about Spanish consumer prices has emerged again in August. According to the EU’s unified standards, Spain’s CPI increased by 2.4% year-on-year in the same month, a decrease from the previous month, due to the weakening of energy effects. Talavera said that core inflation is also continuing to ease, and everything now indicates that inflation in the eurozone’s fourth largest economy is normalizing. Nevertheless, the inflation rate in the coming months may increase slightly.