Spain's annual inflation down 5-month low

ISTANBUL

Spain’s annual consumer inflation (CPI) stood at 2.8% in July, a 5-month low, according to flash data released on Tuesday.

The preliminary figure was down from 3.4% in June 2024, below forecasts of 3%.

On a monthly basis, Spain's CPI fell 0.5% in July, following a 0.3% rise in June.

Meanwhile, electricity prices and food prices decreased from a year ago.