Spanish inflation accelerated in March due mainly to higher energy costs, preliminary official data showed Wednesday.
Consumer prices rose 3.2 percent on an annual basis, up from 2.8 percent in February, national statistics office INE said in a statement.
The main factor pushing up inflation was a rise in the price of electricity and fuel, which offset slower growth in food and non-alcoholic drink prices, it added.
Spanish inflation hit a record 10.8 percent in July 2022, its highest level since 1985 as Russia’s invasion of Ukraine sent consumer prices soaring, but it has since eased.—AFP
