Economic Indicators

Spain’s EU-harmonised 12-month inflation rises to 1.8% in October

2024.10.30 04:31

(Reuters) – Spain’s European Union-harmonised 12-month inflation rate rose to 1.8% in October from 1.7% in the period through September, preliminary data released by the National Statistics Institute (INE), showed on Wednesday.

The 12-month EU-harmonised inflation was in line with the 1.8% expected by analysts polled by Reuters.

© Reuters. A customer pushes a shopping trolley at a fruit and vegetable market in Barcelona, Spain October 15, 2024. REUTERS/Nacho Doce/ File Photo

Annual core inflation, which strips out volatile fresh food and energy prices, was 2.5% in October, up from 2.4% in the period through September, the INE data showed.

Spain’s national inflation rose to 1.8% in the 12 months through October, up from 1.5% in September, INE said.



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