(Reuters) – Spain’s European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the period through August, final data released by the National Statistics Institute (INE) showed on Tuesday. The 12-month inflation rate was the same as the flash estimate reported by INE two weeks ago and the average expectation by […]
(Reuters) – Spain’s European Union-harmonised 12-month inflation fell to 1.7% in September, down from 2.4% in the period through August, final data released by the National Statistics Institute (INE) showed on Tuesday.
The 12-month inflation rate was the same as the flash estimate reported by INE two weeks ago and the average expectation by analysts polled by Reuters.
Core inflation , which strips out volatile fresh food and energy prices, was 2.4% in the 12 months through September, down from 2.7% a month earlier, INE said.
Spanish national consumer prices fell to 1.5% in the 12 months through September, from 2.3% in the period through August.
The final reading was in line with the flash estimate released by INE two weeks ago. Analysts polled by Reuters also expected a 1.5% rate .
(Reporting by Joao Manuel Mauricio in Gdansk, editing by Inti Landauro)
