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Investing.com -- Spain’s inflation rate rose to 2.7% in July, up from 2.3% in June, according to final data released by the National Statistics Institute (INE) on Wednesday.
The final figure matched both the flash estimate published two weeks ago and the consensus forecast from analysts.
Core inflation, which excludes volatile items like fresh food and energy, increased to 2.3% in July from 2.2% in June, the INE reported.
The national consumer price index also showed a 2.7% year-on-year increase in July, accelerating from 2.3% in June. This reading confirmed the preliminary figure released by the INE earlier this month.
The harmonized inflation rate, which allows for comparisons across European Union countries, reached 2.7% in July, up from 2.3% in the previous month.
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