Reported 3 days ago
Spanish inflation increased to 2.8% in December, surpassing expectations and remaining above 2% for the second consecutive month. This rise was attributed to fluctuations in fuel prices and contributed to the European Central Bank's decision to implement gradual interest rate cuts. Economists predict further reductions in 2025 as Spain's economy shows strength and unemployment remains low, easing inflationary pressures.
Source: YAHOO