Spain inflation falls below target in May

May 30, 2025 - 17:00
Spain inflation falls below target in May

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Spanish inflation dipped below the European Central Bank's two percent target in May, preliminary data showed Friday, boosting the case for more interest rate cuts in the eurozone. With inflation close to the two-percent target, the ECB shifted last year to cutting interest rates to boost the eurozone's sluggish economy. mig/ds/lth

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