Spanish inflation in November reached its highest level since August, with a year-on-year increase of 2.4%. This rise follows a rate of 1.8% in October and is in line with the median forecast from a survey of economists.

The increase in consumer prices is primarily due to base effects and is not expected to impact the European Central Bank's plans to continue reducing interest rates. The latest figures reflect ongoing economic trends and the central bank's monetary policy considerations.

The rise in inflation can be attributed to various factors, including base effects. However, it is important to note that this increase is not expected to have any significant impact on the European Central Bank's plans to reduce interest rates. The latest figures are in line with economists' predictions and reflect the current economic trends and monetary policy considerations of the central bank.