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Spanish rate of inflation at 10.5 percent in August

Core inflation, which strips out volatile food and energy prices, rose to 6.4% year-on-year, the highest pace since January 1993 and up from 6.1% a month earlier, the INE data showed.

Majorca Daily Bulletin reporter13/09/2022 10:15

Tourism is expected to drop quickly.

Living

Spanish services sector growth slows to a crawl in August

Many Balearic businesses in the tourist sector may close this winter.

Humphrey Carter/agencies05/09/2022 11:19

Price rises are forcing consumers to change their shopping habits.

Latest headlines

Spain inflation highest since 1984; new record for eurozone area

Inflation expected to slow in the second half of this year.

Reuters29/07/2022 13:14

Price rises are forcing consumers to change their shopping habits.

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Inflation changing consumer habits in the Balearics

Inflation in Spain is running at its fastest pace in three decades.

Humphrey Carter/agencies26/07/2022 11:49

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The high cost of living in Spain as inflation rockets

The economic consequences of Russia's invasion of Ukraine have sent inflation rates soaring worldwide since Feb. 24, though the Spanish government expects a slowdown in the coming months.

10/06/2022 11:25