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The Asset ObserverThe Asset Observer
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Spain’s prelim inflation reading rises to four-month high of 2.4%

News RoomBy News RoomNovember 28, 2024
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Spain’s annual inflation rate rose to a four-month high of 2.4% in November 2024, up from 1.8% in October, aligning with market expectations, preliminary estimates showed. 

This was mainly due to the increase in electricity and fuel prices, compared to the drop in November last year.

On a monthly basis, consumer prices increased by 0.2% in November, down from a 0.6% rise in October. 

ETFs: (EWP), (EUFN)

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