Spain's 12-month EU-harmonised inflation rises to 2.7% in July
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FILE PHOTO: People walk along a commercial street in Vecindario, Spain, December 26, 2023. REUTERS/Borja Suarez/ File Photo
(Reuters) -Spain's European Union-harmonised 12-month inflation rate rose to 2.7% in July, from 2.3% in the period through June, preliminary data from the National Statistics Institute (INE) showed on Wednesday.
The 12-month EU-harmonised inflation was in line with expectations of analysts polled by Reuters.
Core inflation, which strips out volatile fresh food and energy prices, was 2.3% year-on-year in July, above 2.2% in June, the INE data showed.
Spain's 12-month national inflation also rose to 2.7%, from 2.3% in June. Analysts polled by Reuters expected a 2.6% rate.
(Reporting by Joao Manuel Mauricio in Gdansk; Editing by David Latona)
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