Spain's 12-month EU-harmonised inflation confirmed at 2.7% in August
FILE PHOTO: Groceries in a shopping cart at Mercadona supermarket, in Ronda, Spain September 30, 2024. REUTERS/Jon Nazca/File Photo
(Reuters) -Spain's European Union-harmonised 12-month inflation rate remained at 2.7% in August, the same as in the period through July, final data released by the National Statistics Institute (INE) showed on Friday.
The INE's final data was in line with the forecast in both the flash reading released two weeks ago and the average estimate from analysts polled by Reuters.
Core inflation, which strips out volatile fresh food and energy prices, rose to 2.4% in the 12-months through August, up from 2.3% in the period through July, the INE said.
Spanish national consumer prices rose 2.7% in the 12 months through August, the same increase as during the period through July. The data was line with the rate initially measured by the INE two weeks ago.
(Reporting by Joao Manuel Mauricio in Gdansk, editing by Inti Landauro)
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