Finance

Spain's 12-month EU-harmonised inflation confirmed at 2.7% in August

Published by Global Banking & Finance Review

Posted on September 12, 2025

1 min read

· Last updated: January 21, 2026

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Spain's 12-month EU-harmonised inflation confirmed at 2.7% in August
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(Reuters) -Spain's European Union-harmonised 12-month inflation rate remained at 2.7% in August, the same as in the period through July, final data released by the National Statistics Institute (INE)

Spain's 12-month EU-harmonised inflation confirmed at 2.7% in August

Spain's Inflation Overview

(Reuters) -Spain's European Union-harmonised 12-month inflation rate remained at 2.7% in August, the same as in the period through July, final data released by the National Statistics Institute (INE) showed on Friday.

Core Inflation Trends

The INE's final data was in line with the forecast in both the flash reading released two weeks ago and the average estimate from analysts polled by Reuters.

Core inflation, which strips out volatile fresh food and energy prices, rose to 2.4% in the 12-months through August, up from 2.3% in the period through July, the INE said.

Consumer Price Changes

Spanish national consumer prices rose 2.7% in the 12 months through August, the same increase as during the period through July. The data was line with the rate initially measured by the INE two weeks ago.

(Reporting by Joao Manuel Mauricio in Gdansk, editing by Inti Landauro)

Key Takeaways

  • Spain's EU-harmonised inflation rate remained at 2.7% in August.
  • Core inflation rose to 2.4% from 2.3% in July.
  • National consumer prices increased by 2.7% over the year.
  • INE's final data matched earlier forecasts.
  • Inflation data aligns with analyst expectations.

Frequently Asked Questions

What is inflation?
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. It is often measured by the Consumer Price Index (CPI) or the Producer Price Index (PPI).
What is core inflation?
Core inflation measures the long-term trend in prices by excluding volatile items such as food and energy. It provides a clearer view of the underlying inflation trend.
What are consumer prices?
Consumer prices refer to the prices paid by consumers for goods and services. Changes in consumer prices are used to measure inflation and the cost of living.
What is economic growth?
Economic growth refers to the increase in the production of goods and services in an economy over a period of time, typically measured by the rise in Gross Domestic Product (GDP).

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