• Saturday, October 25, 2014

Spain reports zero-percent inflation

Afp, Madrid

Spain reported Friday a zero-percent annual inflation rate in June, even as the European Central Bank fights off a deflationary threat hanging over the region.
Consumer prices were unchanged in the year to June, held down by the low cost of food, soft drinks and electricity, the National Statistics Institute said in a preliminary estimate calculated in line with European Union-agreed norms.

 

Published: 12:00 am Sunday, June 29, 2014

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