Spanish inflation accelerated to its highest level in almost four decades as the country continues to grapple with soaring energy prices while citizens grow impatient with the government’s efforts to control the situation.
Estimated annual inflation of the consumer price index (CPI) in March was 9.8 percent, according to data from Spain’s statistics office. This is the highest rate since May 1985 and represents a more than two-point increase from February, when inflation had risen by 7.6 percent.
