Inflation forecast to rise to 4.3%

Spain’s annual inflation rate is estimated to have risen to 4.3 percent in August, according to the INE’s advance figures.

That is seven tenths higher than July’s figure of 3.6 percent.

The increase has been driven mainly by higher fuel prices, while food prices have also contributed.

Underlying inflation, which excludes unprocessed food and energy, fell slightly to 2.9 percent.

The final figures will be published next month.

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