Consumer prices in Spain ran at their fastest pace since September 1984 in July, accelerating to 10.8% year-on-year from 10.2% previously, according to final data released by Spain’s National Statistics Institute. country today.
The new report confirmed the preliminary estimate published in late July and was in line with the forecast of analysts polled by Reuters.
So-called core inflation, which excludes the more volatile food and energy prices, accelerated to 6.1% year-on-year from 5.5% in June.
At an EU-adjusted level, prices rose 10.7% from a year earlier, slightly below the initial estimate of 10.8% announced two weeks ago.
Source: Capital
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