Spain’s 12-month EU-harmonised inflation remains at 2.7% in August

(Reuters) -Spain’s European Union-harmonised 12-month inflation rate remained at 2.7% in August, from the period through July, preliminary data from the National Statistics Institute (INE) showed on Friday.

The 12-month EU-harmonised inflation was in line with the 2.7% 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 was 2.7%, unchanged from 2.7% in July. Analysts polled by Reuters expected a 2.8% rate.

(Reporting by Mireia Merino, editing by Inti Landauro)

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