Spain sees 3.6% inflation rise in July
Spain's economy saw an increase in the inflation rate in July 2026, reaching 3.6%, surpassing expectations. This was mainly due to a 6.2% rise in transportation costs, driven by higher fuel and lubricants prices, and a 5.7% increase in housing prices, owing to elevated electricity costs. The harmonized inflation rate according to EU standards stood at 3.9%, while core inflation rose to 3%. On a monthly basis, the consumer price index increased by 0.3% in July.
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