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Investing.com -- Spain’s European Union-harmonised inflation rate remained at 2.7% in August, matching the rate from July, according to preliminary data released Friday by the National Statistics Institute (INE).
The 12-month EU-harmonised inflation figure aligned with the 2.7% forecast by analysts in a Reuters poll.
Core inflation, which excludes volatile fresh food and energy prices, registered at 2.4% year-on-year, the INE data showed.
Spain’s national inflation rate also held steady at 2.7% in August, unchanged from July. This was slightly below the 2.8% rate analysts had predicted.
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