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Inflation edges up in July in Spain

Updated: 2012-08-15 06:45
( Xinhua)

MADRID - Spanish 12-month inflation rate picked up in July to stand at 2.2 percent, the Spanish National Statistics Institute (INE) reported on Tuesday.

Consumer prices were driven higher by increase in the prices of medicines, which rose by 6.6 percent year on year in July, and by costs of transport.

After peaking at 3.5 percent in April 2011, a two-and-a-half-year record, inflation has generally declined in Spain partly because of weaker energy prices.

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