Spain Inflation Highest Since 1984 - World news - Tasnim News Agency

Spanish consumer prices have risen at the fastest pace since September 1984, national statistics for July showed, as inflation in the European countries using the euro currency shot up to another record.

Preliminary data released on Friday by Spain’s National Statistics Institute (INE) said prices increased 10.8 percent year-on-year this month, up from 10.2 percent in June.

Like most countries in Europe, Spain is battling a major surge in inflation as a result of the fallout from the war in Ukraine and the reopening of the economy after COVID-related lockdowns.