Thursday, August 30, 2012

Inflation adds to Spain's woes



Published on Aug 30, 2012 by
http://www.euronews.com/ There is more economic pain for the people of Spain in the form of higher inflation.

Consumer prices surged in August for the second month running.

They were driven up mostly by higher fuel costs.

The latest numbers will complicate Madrid's efforts to dig Spain out of recession and generate the growth needed to reduce the country's debts.
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