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Investing.com -- Spain’s inflation rate remained unchanged at 2.7% in August compared to the same month last year, according to final data released Friday by the National Statistics Institute (INE).
The European Union-harmonised 12-month inflation figure matched both the preliminary estimate published two weeks ago and economists’ expectations.
Core inflation, which excludes volatile items such as fresh food and energy prices, edged up to 2.4% year-on-year in August from 2.3% in July, the INE reported.
The final inflation data confirms that price pressures in Spain’s economy have stabilized after previous fluctuations, with the headline rate holding at the same level as the previous month.
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