Spanish consumer prices rose in November after falling for eight consecutive months, data showed today, but deflation concerns still lingered in an ailing economy showing little sign of recovery.
Year-on-year prices rose 0.3 per cent in November, just below forecasts of 0.4 per cent, government data showed.
Annual core inflation -- which strips out volatile components of energy and food -- was 0.2 per cent after 0.1 per cent in October.
Spain's November figures come ahead of euro zone final inflation data which is expected to show prices rose 0.6 per cent, the first rise after five straight months of decline.
Reuters