Inflation & Prices

Spanish Inflation Quickens as Government Energy Aid Removed

  • Consumer prices rose 3.4% from year ago in April; est. 3.4%
  • Euro-area numbers to show inflation slowdown stalling at 2.4%
Shoppers in Madrid.Photographer: Paul Hanna/Bloomberg
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Spanish inflation accelerated for a second month as the government continued to remove support that had helped keep a lid on soaring energy costs.

Consumer prices rose 3.4% from a year earlier in April, data published Monday showed. That’s in line with the median estimate in a Bloomberg survey of economists.