Finance
Spain's 12-month EU-harmonised inflation inches up on fuel and food prices
Published by Global Banking & Finance Review®
Posted on June 27, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 27, 2025
1 min readLast updated: January 23, 2026
Spain's EU-harmonised inflation rose to 2.2% in June, driven by fuel and food costs, surpassing analysts' expectations of 2.0%, according to INE.
(Reuters) -Spain's European Union-harmonised 12-month inflation rate inched up in June to 2.2%, pushed higher by fuel and food and non-alcoholic beverages, preliminary data from the National Statistics Institute (INE) showed on Friday.
The annual inflation rate rose from 2.0% a month earlier and was above the 2.0% expected by analysts polled by Reuters.
Core inflation, which strips out volatile fresh food and energy prices, was unchanged in June from the previous month at 2.2% year-on-year, the INE data showed.
Spain's 12-month national inflation also rose 2.2%, up from 2.0% in May. Analysts polled by Reuters expected a 2.0% rate.
(Reporting by Tiago Brandao, editing by Inti Landauro and Alex Richardson)
Spain's 12-month EU-harmonised inflation rate inched up to 2.2% in June.
The increase in inflation was pushed higher by fuel and food and non-alcoholic beverage prices.
Core inflation remained unchanged in June at 2.2% year-on-year, according to INE data.
Analysts polled by Reuters expected a 2.0% inflation rate, which was below the actual rate.
Spain's national inflation also rose to 2.2%, matching the EU-harmonised rate and up from 2.0% in May.
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