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Published on Friday, December 12, 2014 | Updated on Friday, December 12, 2014

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Spain | Energy and food put more downward pressure than expected on inflation

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Summary

The intensification in the fall in headline prices was mainly due to the performance of energy and unprocessed food prices. By contrast, the components of core inflation remained broadly stable. Our scenario of low inflation remained with downward bias caused by uncertainty about raw material prices

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