Tue, 08 Jan 08
Spanish inflation has rocketed to its highest level in a decade...
In December, the inflation rate rose to 4.3 percent, the highest since the European-standard index was introduced in 1997, the Labor Ministry said. The stark rise was led by higher food and energy costs.
Consumer confidence fell to a record low as Spaniards worried about rising food prices and mortgage rates after the heaviest period of household borrowing in
Prices jumped even with unemployment rising for a third month, as a softening real estate market led to a 13 percent increase in benefit claims by construction workers, a separate report showed.
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