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Spain's core inflation expected to slow down in coming months, minister says

Published 11/15/2022, 08:28 AM
Updated 11/15/2022, 04:09 PM
© Reuters. FILE PHOTO: Vegetables are on display at a fruits and vegetable stand at the Plaza de Dia market in Madrid, Spain, July 24, 2015. Picture taken July 24, 2015. REUTERS/Juan Medina/File Photo

© Reuters. A man carries a plastic bag with new Euro coins in a street in Ronda, Spain, November 15, 2022. REUTERS/Jon Nazca

MADRID (Reuters) - Spain's government expects core inflation to start slowing down in the coming months, Economy Minister Nadia Calviño said on Tuesday.

Spain's 12-month core inflation, excluding volatile food and energy prices, remained at 6.2% in the period through October from the previous month, while overall inflation has fallen to 7.3% from 8.9% in the period through September.

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