Spain's annual inflation lower than expected in April
Consumer prices 8.3% higher compared to last year, official data shows
By Tuba Sahin
ANKARA (AA) – Spain’s annual consumer inflation decreased to 8.3% in April, official data showed on Friday.
The figure was 9.8% in March, while preliminary data had placed the April number at 8.4%.
Core inflation – an index excluding unprocessed food and energy products – rose to 4.4%, the highest in over two decades, according to the National Statistics Institute.
The prices of energy products and fuel jumped 33.7% and 29.9% year-on-year, respectively.
On a monthly basis, the consumer prices index decreased 0.2% in April.
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