Spanish economy

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Spanish inflation up to 3.6% in July due to rising fuel prices

Consejeros Editorial Team The rise in fuel prices has caused inflation to rise by four tenths of a percentage point in July, bringing the Consumer Price Index (CPI) to 3.6 per cent, according to final figures published by the National Statistics Institute (INE). In fact, the Government has announced that the reduction in the hydrocarbon tax applicable to diesel will rise to €0.20 per litre in September, compared with the…

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Spanish public debt grows at 4.4% annual rate

Public administration debt reached €1.736 trillion at the end of April, following a year-on-year increase of 4.4%, according to data from the Bank of Spain (BdE). Nevertheless, its ratio to Gross Domestic Product (GDP) fell to 101%, representing a 1.6 percentage point decrease compared to the same period last year. In absolute terms, the volume of debt increased by 4.4% compared to April 2025. However, it decreased slightly by 0.2%…