Spanish inflation slows on plunging retail sales

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Source: RTTNews
The statistical office INE revealed on Wednesday that Spanish EU harmonized inflation declined to 2.6% this month, compared to a figure of 2.9% in February. Economists expected a reading of 2.7%. Retail sales dropped 10.6% on a yearly basis, which exceeded an anticipated level of 10% decline.
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Wed, 27 Mar 2013 12:04:05 GMT

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