Finance
Spain's final 12-month EU-harmonised inflation at 2.7% in July
Published by Global Banking and Finance Review
Posted on August 13, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on August 13, 2025
1 min readLast updated: January 22, 2026
Spain's EU-harmonised inflation rate rose to 2.7% in July, up from 2.3% in June, as reported by INE. Core inflation also increased to 2.3%.
(Reuters) -Spain's European Union-harmonised 12-month inflation rate rose to 2.7% in July, up from 2.3% in the period through June, final data released by the National Statistics Institute (INE) showed on Wednesday.
The INE's final data was in line with the 2.7% 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 2.3% in the 12-months through July, up from 2.2% in the period through June, the INE said.
Spanish national consumer prices also rose 2.7% in the 12 months through July, up from a 2.3% increase in the period through June, and in line with the 2.7% rate initially measured by the INE two weeks ago.
(Reporting by Mireia Merino; Editing by David Latona)
Inflation is the rate at which the general level of prices for goods and services rises, leading to a decrease in purchasing power.
Core inflation measures the long-term trend in prices by excluding volatile items such as food and energy, providing a clearer view of inflation trends.
The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
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