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    1. Home
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    3. >Spain's 12-month EU-harmonised inflation rises to 2.7% in July
    Finance

    Spain's 12-month EU-harmonised Inflation Rises to 2.7% in July

    Published by Global Banking & Finance Review®

    Posted on July 30, 2025

    1 min read

    Last updated: January 22, 2026

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    Tags:financial marketseconomic growth

    Quick Summary

    Spain's EU-harmonised inflation rose to 2.7% in July, meeting analyst expectations, with core inflation slightly higher at 2.3%, according to INE data.

    Spain's 12-month EU-harmonised inflation rises to 2.7% in July

    (Reuters) -Spain's European Union-harmonised 12-month inflation rate rose to 2.7% in July, from 2.3% in the period through June, preliminary data from the National Statistics Institute (INE) showed on Wednesday.

    The 12-month EU-harmonised inflation was in line with expectations of analysts polled by Reuters.

    Core inflation, which strips out volatile fresh food and energy prices, was 2.3% year-on-year in July, above 2.2% in June, the INE data showed.

    Spain's 12-month national inflation also rose to 2.7%, from 2.3% in June. Analysts polled by Reuters expected a 2.6% rate.

    (Reporting by Joao Manuel Mauricio in Gdansk; Editing by David Latona)

    Key Takeaways

    • •Spain's EU-harmonised inflation reached 2.7% in July.
    • •The rate increased from 2.3% in June.
    • •Core inflation was slightly higher at 2.3%.
    • •Analysts expected a 2.6% inflation rate.
    • •Data was provided by the National Statistics Institute.

    Frequently Asked Questions about Spain's 12-month EU-harmonised inflation rises to 2.7% in July

    1What was Spain's 12-month EU-harmonised inflation rate in July?

    Spain's EU-harmonised 12-month inflation rate rose to 2.7% in July, up from 2.3% in June.

    2How does core inflation compare to overall inflation in Spain?

    Core inflation, which excludes volatile fresh food and energy prices, was 2.3% year-on-year in July, slightly above the 2.2% recorded in June.

    3What did analysts expect for Spain's national inflation rate?

    Analysts polled by Reuters expected a national inflation rate of 2.6% for July, but it actually rose to 2.7%.

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