Spain's 12-month inflation up to 5.9% in January

Kitco Media
By Reuters
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Updated:
Reuters
Feb 15 (Reuters) - Spanish consumer prices rose 5.9% in the 12 months through January, up from 5.7% in the period through December, final data released by the National Statistics Institute, INE, showed on Wednesday. The final reading was higher than the 5.8% flash estimate released by INE two weeks ago. Analysts polled by Reuters saw the 12-month inflation through January also at 5.8%. Core inflation, which strips out volatile fresh food and energy prices, was 7.5% year-on-year, up from 7.0% a month before. The 12-month European Union-harmonised price stood at 5.9%, 0.1 percentage point higher than the INE's previous estimate two weeks ago. (Reporting by Jakub Olesiuk, editing by Inti Landauro)

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