Inflation climbs to 4.3 pc

4th January 2008, Comments 2 comments

Spanish consumer inflation shot up in December to its highest level since 1997.

4 January 2008

MADRID - Spanish consumer inflation shot up in December to its highest level since 1997 as record oil prices and higher food costs made themselves felt.

The National Statistics Institute said yesterday it estimated the harmonised index of consumer prices (HICP) climbed to 4.3 percent in the last month of the year from 4.1 percent in November.

The HICP flash estimate is used by the European Union's statistics office Eurostat to compile pan-European inflation figures. Eurostat is due to release its inflation estimate for December today.

The secretary of state for the economy, David Vegara, predicted inflation would start to ease from around spring due to the base effect of oil prices.

Oil prices have surged some 70 percent this year with crude prices earlier in the year breaking USD 100 a barrel for the first time in New York.

[Copyright El Pais 2008]

Subject: Spanish news

2 Comments To This Article

  • senter posted:

    on 9th January 2008, 16:43:40 - Reply

    Ídol de... masses? Ídol de nenes de... 5 anys? Encarregat dins l'EquipoG Superestel de... belleza?? No sé si tot això influeix en que sigui un personatge angelicalment endimoniat. Al principi amb els sus "cortes de manga" al tancar teló, al final... els "tucas" al pobre Rolandas ballant l'últim ball... Aix Marquitus... No tienes remediitus!!
  • senter posted:

    on 9th January 2008, 16:42:59 - Reply

    Ídol de... masses? Ídol de nenes de... 5 anys? Encarregat dins l'EquipoG Superestel de... belleza?? No sé si tot això influeix en que sigui un personatge angelicalment endimoniat. Al principi amb els sus "cortes de manga" al tancar teló, al final... els "tucas" al pobre Rolandas ballant l'últim ball... Aix Marquitus... No tienes remediitus!!!