Spain's EU-harmonised 12-month inflation falls to 2.9% in July
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FILE PHOTO: A waiter carries plastic bags with bread along a street in Ronda, Spain, July 24, 2024. REUTERS/Jon Nazca/File Photo
(Reuters) - Spain's European Union-harmonised 12-month inflation fell to 2.9% in July, from 3.6% in the period through June, final data released by the National Statistics Institute (INE) showed on Tuesday.
The 12-month European Union-harmonised inflation confirmed both the flash estimate and the estimate by analysts polled by Reuters at 2.9%.
Core inflation, which strips out volatile fresh food and energy prices, was 2.8% in the 12-months through July, down from 3% in the 12-month through June, INE said.
Spain's national consumer prices fell 2.8% year-on-year in July, from 3.4% in June.
The final reading confirmed both the flash estimate released by INE two weeks ago and the estimate by analysts polled by Reuters.
(Reporting by Jakub Olesiuk, editing by David Latona)
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