Spain's March inflation rate jumps to 3.3% due to energy shocks

2026-03-27 12:05:31

Investing.com – According to the EU standardized data released by the Spanish National Statistics Institute (INE) on Friday, Spain’s inflation rate accelerated to 3.3% in March from 2.5% in February.

INE stated that this increase was primarily driven by rising prices for personal vehicle fuel and lubricants.

The surge in consumer prices reflects the impact of the energy shock caused by the war between the United States and Israel with Iran, which is beginning to affect price levels across the eurozone.

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