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Spain’s annual inflation rate rose to a four-month high of 2.4% in November 2024, up from 1.8% in October, aligning with market expectations, preliminary estimates showed.Â
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This was mainly due to the increase in electricity and fuel prices, compared to the drop in November last year.
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On a monthly basis, consumer prices increased by 0.2% in November, down from a 0.6% rise in October.Â
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ETFs: (EWP), (EUFN)