general
Spain inflation rises to 3.3% in March as Iran war pushes up energy costs
Preliminary INE data attributes the jump to higher fuel and lubricant prices amid Middle East conflict, and comes as the government unveils a €5 billion support package and markets weigh ECB policy responses.
Mar 27th 2026 · Spain
Insights
- INE flash estimate shows annual inflation at 3.3% in March, up from 2.3% in February.
Sources
- Spain's parliament approves €5 billion package to curb impact of war in Iran www.euronews.com
- Spanish Prices Rise at Fastest Pace Since 2024 on Iran War www.bloomberg.com
- Spain's inflation jumps to 3.3% as Iran war drives energy costs higher www.euronews.com
- India Summer Power Demand May Stretch Supply as Iran War Rages www.bloomberg.com
- Morgan Stanley Sees South Africa Rate Hike in May Amid Iran War www.bloomberg.com
- UK government borrowing costs hit 5% as Iran war fuels bond market sell-off www.theguardian.com