Inflation at lowest figure since socialists victory

7th February 2007, Comments 0 comments

7 February 2007, MADRID — The retail price index fell to its lowest point for nearly three years, according to figures published on Wednesday.

7 February 2007

MADRID — The retail price index fell to its lowest point for nearly three years, according to figures published on Wednesday.

Inflation for January fell by three points, taking the year-on-year figure to 2.4 percent.

The figures, released by the National Institute of Statistics, means it is the lowest inflation since March 2004 when the socialists won a shock victory in the last general election.

[Copyright EFE with Expatica]

Subject: Spanish news

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