The Bank of Spain warns that food prices will rise by an average of 12.2% this year
Bad news for Spanish families. Despite the fact that general inflation is set to moderate in the coming months, food prices will continue to give households’ pockets no respite. This is what the Bank of Spain warned on Wednesday during the presentation of its quarterly report on macroeconomic projections. The supervisor is confident that, despite the upturn in inflation in January and February, the general CPI will resume the deceleration…
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