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Spain's 12-month EU-harmonised inflation rises to 5% in September

Spain's European Union-harmonised 12-month inflation rate rose to 5.0% in September from 4.6% in the period through August, preliminary data from the National Statistics Institute (INE) showed on Tuesday.The 12-month EU-harmonised inflation was above the 4.9% expected by analysts polled …

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07:01:02 AM UTC
SquawkNews
Sept 29 (Reuters) — Spain's European Union-harmonised 12-month inflation rate rose to 5.0% in September from 4.6% in the period through August, preliminary data from the National Statistics Institute (INE) showed on Tuesday. The 12-month EU-harmonised inflation was above the 4.9% expected by analysts polled. Core inflation, which strips out volatile fresh food and energy prices, was 3.1% year-on-year, the INE data showed. Spain's 12-month national inflation rose 4.9%, up from 4.3% in August. Analysts polled expected a 4.6% rate. (Reporting by Gemma Guasch; Editing by David Latona) ((Gemma.guasch@thomsonreuters.com)

9% expected by analysts polled …