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Inflation edges up in Spain in April
Last Updated(Beijing Time):2012-05-11 18:22

Spain's annual inflation stood at 2 percent in April, up from 1.8 percent in the previous month, the National Institute of Statistics (INE) said here on Friday.

The figure is 0.1 percentage point higher than previously predicted, but still one percentage point lower than that of September last year.

Month on month, consumer prices rose by 1.4 percent in April from the previous month, after rising 0.7 percent in March.

INE attributed the rise mainly to a 7-percent increase in electricity costs imposed by the government which came into effect on April 1st.

Rising prices of alcoholic drinks and tobacco, owing to government introduced tax hikes, as well as arrival of the summer fashion collections which pushed up clothes prices, also contributed to the accelerated consumer price increases, it said.

Source:Xinhua 
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