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Published on Tuesday, June 14, 2016 | Updated on Tuesday, June 14, 2016

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Spain | Stable core inflation and less downward pressure on energy inflation

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Summary

In May inflation slowed its drop to -1% YoY, due mainly to a lower annual decrease of energy prices (-14% YoY). Meanwhile, core inflation remained stable at 0.7% YoY. Forward, we expect that these trends will continue: stability in core inflation and less downward pressure on energy inflation

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