Skip navigation
Newswire

Spain's Solbes sees sub 1 pct inflation mid 2009

MADRID, Nov 25 (Reuters) - Inflation in Spain could fall below 1 percent by July 2009 and then begin to rise again, Economy Minister Pedro Solbes said on Tuesday.

Speaking at an economic conference in Madrid, Solbes said Spain had to avoid deflation at all costs.

(Reporting by Jason Webb; writing by Andrew Hay, Editing by Sarah Morris)