Spanish inflation sticks at 5-yr high in November

Spanish inflation rose to 4.1% annually in November, stuck around a near five-year high amid fears of a price-wage spiral and a civil sector protest over loss of purchasing power.

The Consumer Price Index (CPI) rose 0.2% monthly in November versus an October rise of 0.3% month-on-month and 4% year-on-year, according to data issued on Thursday. Spain has one of Europe's highest inflation rates and above average economic growth.

The bad news came during a one-day strike by civil servants to deman