Spain's 12-month EU-harmonised inflation rises to 3.6% in May

May 29, 2026 3:10 AM EDT

A worker of a supermarket pushes a shopping cart with bottles of water in Ronda, Spain, May 21, 2026. REUTERS/Jon Nazca

May 29 (Reuters) - ‌Spain's ​European ​Union-harmonised 12-month inflation rate rose ‌to 3.6% in May, ⁠from 3.5% in the ‌period through April, ‌preliminary data from the National Statistics ​Institute (INE) showed on Friday.

The 12-month EU-harmonised ⁠inflation was in line with ​the 3.6% expected by analysts polled by Reuters.

Core ​inflation, which ‌strips out volatile fresh food ⁠and energy prices, was 2.9% year-on-year, compared ⁠to 2.8% in April, the ​INE data showed.

Spain's 12-month national inflation stood at ‌3.2%, unchanged from April. Analysts polled ‌by Reuters expected ⁠a ‌3.4% rate.

(Reporting ​by Tiago Brandao, Editing by Joan ‌Faus)



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