Spain's inflation rises at fastest pace in more than three years
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/14/2026
- Nasdaq ends down as chipmakers fall and bank earnings roll in
- Oil prices settle mixed, focus on US-Russia diesel deal, Saudi Yemen attacks
- JPMorgan shares edge lower after third-quarter FICC revenue miss
- Fed’s Waller says US bond yield rise driven by growth, not inflation
- Wells Fargo beats profit estimates despite revenue miss
Tweet
Share
E-mail
Cargo ships loaded with containers and other vessels idle offshore while waiting to enter the port of Barcelona, Spain, September 12, 2026. REUTERS/Nacho Doce
Oct 14 (Reuters) - Spain's inflation rose in September at its fastest pace since February 2023, mostly due to an increase in the price of fuel and air travel, the National Statistics Institute (INE) said on Wednesday.
The European Union-harmonised 12-month inflation rate rose to 5.0% in September, up from 4.6% in the period through August, final data released by the INE showed.
The INE's final data was in line with the 5.0% forecast in both the flash reading released two weeks ago and the average estimate from analysts polled by Reuters.
Core inflation, which strips out volatile fresh food and energy prices, rose to 3.1% in the 12 months through September, up from 2.9% in the period through August, the INE said.
Following a worldwide wave of high inflation spurred by the COVID-19 pandemic and Russia's invasion of Ukraine, Spain's inflation spiked to 1984 levels in 2022 and has since mostly remained above the European Central Bank's 2% goal.
Spanish national consumer prices rose by 4.9% in the 12 months through September, up from a 4.3% increase in the period through August, and in line with the 4.9% rate initially measured by the INE two weeks ago.
(Reporting by Javi West Larrañaga; Editing by David Latona)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ohio's working-class voters rethink support for Trump and the Republican Party
- BlackRock profit jumps as resilient markets boost fees
- China's Hesai launches spatial camera to boost AI-powered robotics adoption
Create E-mail Alert Related Categories
ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
