MADRID (Reuters) -Spanish Economy Minister Nadia Calvino said on Monday she expects inflation will be lower this year than in 2022 though there will be “a lot of volatility” each month.
Despite the volatility, inflation will be “at practically half the level of last year, at levels much lower than last year,” she said in an interview with RNE radio station.
Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!
By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.
The 12-month inflation rate in Spain fell in the second half of 2022 to 5.7% in December after peaking at 10.8% in July, though the rate then inched up and was at 6.1% in the period through February.
(Reporting by Inti LandauroEditing by Bernadette Baum)
Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.
