Finance
Spain's 12-month EU-harmonised inflation falls to 3.1% in November
Published by Global Banking and Finance Review
Posted on November 28, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 28, 2025
1 min readLast updated: January 20, 2026
Spain's EU-harmonised inflation rate decreased to 3.1% in November, surpassing analyst expectations, with core inflation at 2.6%.
(Reuters) -Spain's European Union-harmonised 12-month inflation rate fell to 3.1% in November, from 3.2% in the period through October, preliminary data from the National Statistics Institute (INE) showed on Friday.
The 12-month EU-harmonised inflation was above the 2.9% expected by analysts polled by Reuters.
Core inflation, which strips out volatile fresh food and energy prices, was 2.6% year-on-year, the INE data showed.
Spain's 12-month national inflation fell to 3.0%, down from 3.1% in October. Analysts polled by Reuters expected a 2.9% rate.
(Reporting by Mireia Merino; Editing by Emma Pinedo)
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. It is typically measured annually and can impact economic stability.
Core inflation measures the long-term trend in prices by excluding volatile items such as food and energy. It provides a clearer view of inflation's underlying direction.
The EU-harmonised inflation rate is a measure of inflation that allows for comparison across European Union countries. It is calculated using a standardized methodology.
The National Statistics Institute (INE) is the official statistical agency in Spain responsible for collecting, analyzing, and disseminating statistical information about the country.
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