(AFX UK Focus) 2009-03-12 09:15 Spain Feb inflation at 40-yr low; deflation fears (Interactive Investor)
This Spanish News Item in English was published on : Friday, March 13, 2009 (ID:4129) |
MADRID, March 12 (Reuters) - Spanish inflation fell to 0.7 percent in February, as expected, its lowest since 1969 as retailers held down prices and fuelled fears of deflation during Spains worst recession in at least half a century. Year-on-year inflation eased from 0.8 percent in January, with clothing shops offering steep discounts and hotels and bars cutting prices to lure customers spooked ...
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