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Spain's inflation to remain at around 7% until year end, minister says

22 Tháng Mười Một 2022
Spain's inflation to remain at around 7% until year end, minister says © Reuters. FILE PHOTO: Spain's Economy Minister Nadia Calvino arrives for a Eurozone finance ministers meeting in Brussels, Belgium, July 11, 2022. REUTERS/Yves Herman

MADRID (Reuters) - Spanish Economy Minister Nadia Calvino said on Tuesday she expects the 12-month inflation rate to remain at around 7% until the end of this year and will likely start falling from 2023.

The inflation slowdown would be "the best news not only because it improves the sustainability of the economy and eases the situation of Spanish households and companies, but because it will help the European Central Bank which could then stop raising interest rates," she said in an interview with Spanish radio station RNE.

The Spanish 12-month inflation rate in the period through October fell to 7.3%, down from a peak of more than 10% in July.

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28-11-2022 08:45:43 (UTC+7)

EUR/USD

1.0345

-0.0050 (-0.49%)

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1.0345

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138.80

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0.6672

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143.59

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 EUR/USD1.0345↑ Sell
 GBP/USD1.2032↑ Sell
 USD/JPY138.80Neutral
 AUD/USD0.6672↑ Sell
 USD/CAD1.3468↑ Buy
 EUR/JPY143.59↑ Sell
 EUR/CHF0.9797↑ Sell
 Gold1,746.75↑ Sell
 Silver21.108↑ Sell
 Copper3.5520↑ Sell
 Crude Oil WTI74.03↑ Sell
 Brent Oil81.35↑ Sell
 Natural Gas7.277↑ Sell
 US Coffee C164.40↑ Sell
 Euro Stoxx 503,962.41↑ Buy
 S&P 5004,026.12Neutral
 DAX14,541.38↑ Buy
 FTSE 1007,486.67↑ Buy
 Hang Seng16,868.50↑ Sell
 Small Cap 20001,869.19↑ Buy
 IBEX 358,416.60Sell
 BASF49.605Neutral
 Bayer55.45Sell
 Allianz205.35↑ Buy
 Adidas123.98Neutral
 Lufthansa7.567↑ Sell
 Siemens AG132.06↑ Buy
 Deutsche Bank AG10.390↑ Buy
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