Economic news
Spain’s core inflation expected to slow down in coming months, minister says
2022.11.15 18:02
© Reuters. FILE PHOTO: Vegetables are on display at a fruits and vegetable stand at the Plaza de Dia market in Madrid, Spain, July 24, 2015. Picture taken July 24, 2015. REUTERS/Juan Medina/File Photo
MADRID (Reuters) – Spain’s government expects core inflation to start slowing down in the coming months, Economy Minister Nadia Calviño said on Tuesday.
Spain’s 12-month core inflation, excluding volatile food and energy prices, remained at 6.2% in the period through October from the previous month, while overall inflation has fallen to 7.3% from 8.9% in the period through September.