Thursday, August 28, 2014   

Consumer prices in Spain barely move
(03-12 16:44)

Prices climbed at an annual rate of just 0.1 percent in February after edging up by 0.3 percent in January, according to Spain's National Statistics Institute.
The inflation figures, calculated in the same way across the European Union, showed that Spanish prices were held down by the falling cost of transport because of cheaper fuel.
February's inflation rate was the lowest since October 2013 when consumer prices were flat.
The inflation rate in Spain, which crawled out of a two-year economic downturn in the second half of 2013, remains well below the European Central Bank's target for the euro zone of percent.—AP
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