Spain's annual inflation in October exceeds forecasts
Restaurants and hotels see highest price rise in October, with 4.7%
By Gokhan Ergocun
ISTANBUL (AA) - The annual inflation rate was at 1.8% in Spain in October, up from 1.5% in September, the country's statistical office INE said on Wednesday.
The market expectation for October was 1.7%.
In October, food and non-alcoholic beverage prices in the country rose 1.8%, while alcoholic beverage prices jumped 3.5%.
Restaurants and hotels saw the highest price rise in October, with 4.7%.
Transportation prices in the country dropped 3.9%.
October's monthly inflation rate was 0.6%.
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