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<Econ> Iran War Causes Spain's March Inflation to Surge to 3.3%, Near Two-Year High
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Spain's inflation rate in March reached a near two-year high, highlighting the energy shock triggered by the war between the US, Israel, and Iran, which has begun to affect prices in the Eurozone. According to the EU harmonized data released by the Spanish Statistics Institute (INE) on Friday, consumer prices rose 3.3% compared to a year ago, with the inflation rate accelerating from 2.5% in February. The last time the inflation rate exceeded this figure was in June 2024. INE stated that the price increase was mainly due to the rise in fuel and lubricants for personal vehicles. (to/s) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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