This content is not available in your region

Spanish consumer price slide slows

Spanish consumer price slide slows
Text size Aa Aa

Spanish consumer prices fell again for their 11th straight month in May, by 0.2% year-on-year.

However strip out food and oil prices and core inflation rose year-on-year by 0.5%.

Price falls now appear to be near to working their way out of the system, the slackening rate in line with forecasts.

Spain began to emerge from a five-year recession in 2013, and this year growth is forecast to outstrip the EU average at over 3%. However the return of activity has yet to make much of a dent on unemployment, which still stands at nearly 24%, and double that for the youngest jobseekers.

Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.