Soaring costs

INFLATION is still stalking the Spanish economy as the latest data puts the price increases on February last year at an annual rate of 6.1%. This represents a faster pace than the 5.9% increase recorded in January and is above the 5.7% forecast by analysts polled by international news agency Reuters Spain had previously managed to rein in inflation during the second half of 2022, registering the lowest figure in the eurozone by the end of the year. However, Spain's price index has now risen for two consecutive months in annual terms, largely due to higher electricity and food and drink prices.