Spain’s inflation almost halved in a month to 3.1 per cent in March as energy costs dropped, in a possible early sign of a sharp fall in European headline inflation this year.
The year-on-year rise in Spanish consumer prices compared with the previous month’s rate of 6 per cent and was lower than the 4 per cent forecast by economists polled by Reuters.
The drop is likely to be reflected across Europe as lower energy prices feed through to consumer gas and electricity costs. German…
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