Spain’s core inflation expected to slow down in coming months, minister says

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A man carries a plastic bag with new Euro coins in a street in Ronda

MADRID (Reuters) – Spain’s government expects core inflation to start slowing down in the coming months, Economy Minister Nadia Calviño said on Tuesday.

Spain’s 12-month core inflation, excluding volatile food and energy prices, remained at 6.2% in the period through October from the previous month, while overall inflation has fallen to 7.3% from 8.9% in the period through September.

(Reporting by David Latona; Editing by inti Landauro)

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