According to reports, Spain’s inflation rate was climbed to 9.8%, higher than Germany, France and Italy, Germany, France and Italy’s inflation rates were 5%, 4% and 5.7%, respectively. Within the euro zone, countries with higher inflation in March also have Belgium (9.6%), Slovakia (8.2%), Ai Lithuania (13.9%), Estonia (12.9%) and Latvia (8.9%).
Experts pointed out that the key cause of Spanish inflation rate is higher than other Europe, the loss of Spanish productivity is much higher than other countries, and the GDP GDP is 6% -7% before the epidemic, but at the same time, the same or higher employment level . According to economists, the current inflation level has been close to the peak, and the price will be reasonable from June. However, how long will the specific peak levels continue to depend on how long the Russian War continues to last and whether there is a second round.