Inflation is moderating but the rise in the price of services is worrying, one year exceeding the average. Inflation has moderated in Spain to stand at 2.8% in February after a downward trend that began in July 2022.

All the products we consume have been moderating the price increases, with the exception of services, whose price has never stopped rising. For the remainder of the year, Funcas expect that the price increase in the sector will remain above 3% and that it will close the year with an average increase of 3.5%.