Spain's Annual Inflation Lower Than Expected In April

13.05.2022 11:57

Consumer prices 8.3% higher compared to last year, official data shows.

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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