Spain's consumer prices down 0.2 percent in May


(MENAFN) According to Spain's Statistical Office (INE), the country's consumer prices dropped 0.2 percent in May compared to the same period a year earlier, Xinhua reported.

The annual inflation rate of May is 0.4 percent higher than that of April, when Spanish prices fell by 0.6 percent. The variation was especially due to higher prices of fuel and food.

Prices of transport fell by 2.2 percent in May on-year, which meant a 1.2 percent increase due to higher prices of fuel in comparison with the rate of April, when prices fell by 3.4 percent.

Prices of food and non-alcoholic drinks rose 1.3 percent especially due to higher prices of fresh fruits, while prices of communications fell 1.9 percent, those related to leisure and culture fell 0.8 percent.


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