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Investing.com -- Spain’s annual inflation rate has slowed down for the third consecutive month in May 2025, reaching 1.9%, a seven-month low.
This figure is below the market consensus, which had predicted an inflation rate of 2.1%.
The deceleration in inflation was primarily influenced by a decrease in prices for leisure and culture.
Other factors that contributed to the slowdown, although to a lesser extent, were a more significant decrease in transport prices compared to the same period in the previous year and a slower increase in electricity prices.
When compared to the previous month, consumer prices remained unchanged.
This comes after a 0.6% increase in consumer prices in April, and contradicts the market forecasts, which had anticipated a 0.1% increase.
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