Published by Global Banking & Finance Review®
Posted on January 30, 2025
1 min readLast updated: January 26, 2026
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Spain's EU-harmonised inflation rose to 2.9% in January, slightly above expectations, with core inflation at 2.4%, according to INE.
(Reuters) - Spain's European Union-harmonised 12-month inflation rate rose to 2.9% in January, from 2.8% in the period through December, preliminary data from the National Statistics Institute (INE) showed on Thursday.
The 12-month EU-harmonised inflation was slightly above the 2.8% expected by analysts polled by Reuters.
Core inflation, which strips out volatile fresh food and energy prices, was 2.4% year-on-year, the INE data showed.
Spain's 12-month national inflation rose 3.0%, up from 2.8% in December. Analysts polled by Reuters expected a 2.9% rate.
(Reporting by Joao Manuel Mauricio in Gdansk, editing by Inti Landauro)
The article discusses Spain's EU-harmonised inflation rate rising to 2.9% in January, surpassing expectations.
Core inflation excludes volatile items like fresh food and energy, providing a clearer view of long-term trends.
Spain's national inflation rate increased to 3.0% in January, up from 2.8% in December.
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