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    Home > Finance > Spain's 12-month EU-harmonised inflation rises to 2.9% in January
    Finance

    Spain's 12-month EU-harmonised inflation rises to 2.9% in January

    Published by Global Banking & Finance Review®

    Posted on January 30, 2025

    1 min read

    Last updated: January 26, 2026

    This image illustrates the rise of Spain's EU-harmonised inflation rate to 2.9% in January 2023, reflecting economic trends reported by the National Statistics Institute. It highlights key financial data significant for analysts and investors.
    Graph showing Spain's inflation rise to 2.9% in January - Global Banking & Finance Review
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    Quick Summary

    Spain's EU-harmonised inflation rose to 2.9% in January, slightly above expectations, with core inflation at 2.4%, according to INE.

    Spain's Inflation Climbs to 2.9% in January, Exceeding Expectations

    (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)

    Key Takeaways

    • •Spain's EU-harmonised inflation rose to 2.9% in January.
    • •The increase was slightly above the expected 2.8%.
    • •Core inflation, excluding food and energy, was 2.4%.
    • •Spain's national inflation rate increased to 3.0%.
    • •Data was provided by the National Statistics Institute (INE).

    Frequently Asked Questions about Spain's 12-month EU-harmonised inflation rises to 2.9% in January

    1What is the main topic?

    The article discusses Spain's EU-harmonised inflation rate rising to 2.9% in January, surpassing expectations.

    2What is core inflation?

    Core inflation excludes volatile items like fresh food and energy, providing a clearer view of long-term trends.

    3How did Spain's national inflation rate change?

    Spain's national inflation rate increased to 3.0% in January, up from 2.8% in December.

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