Inflation moderates in February to 2.8% and core inflation falls to 3.4%, the lowest in two years. Experts expect inflation to remain stable at around 3% for the year as a whole.
Spain will be the second country in the euro zone that corrects its inflation the least in 2024. The VAT on the electricity bill threatens to rise to 21% in March and the Government has no plans to avoid it. In monthly terms, Spaniards will have experienced that their purchases have cost 0.3% more in February than last month.