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7.2
Spain Inflation Surprises to 5%, Bolsters Case for ECB Rate Hike
La RepúblicaLO·ES·about 6 hours ago
Spain's annual CPI rose to 4.9% in September, up six-tenths from August, driven by energy costs, particularly gasoline. The acceleration signals renewed inflationary pressure in the eurozone's fourth-largest economy, complicating ECB policy expectations. The data is preliminary and may be revised.