30-05-2025
Spanish Inflation Cools More Than Expected, Backing ECB Cut
Spanish inflation eased to just below the European Central Bank's 2% target, backing the case for interest rates to be lowered again next week.
Consumer prices rose 1.9% from a year ago in May, the least in seven months, the statistics agency said Friday, citing a slower advance in electricity bills, and a drop in some transport and recreation costs.
