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Spain's Inflation Surge: War's Impact on Local Economy

Published 8 hours ago
Description

Spains inflation surges to 3.3% in March, highest since 2024, due to energy cost spikes from Iran war ripples. PM Sánchezs government responds with €5 billion emergency package. Households and businesses face increased transport and food prices, while ECB officials brace for potential interest rate hike amid eurozone energy inflation concerns.

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