Spanish inflation hits 2-year high of 3.4%: "Spain's annual inflation rate surged to a two-year high of 3.4 per cent in February, grim news for an anaemic, jobs-scarce economy, preliminary data showed Monday.
Higher fuel, food and soft drink prices pushed inflation to its highest level since October 2008 when fuel prices were soaring, according to the National Statistics Institute estimate.
Inflation was at 3.0 per cent in January this year.
The Spanish economy slumped into recession during the second half of 2008 as the global financial meltdown compounded the collapse of the once-booming property market."
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