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Spain Inflation At 9-month High As Estimated

Spain's consumer price inflation rose to a nine-month high in January, as initially estimated, final data from the statistical office INE showed on Friday.

The consumer price index climbed 1.1 percent annually in January, following a 0.8 percent rise in December. This was in line with the initial estimate.

This was the highest inflation since April 2019, when the rate was 1.5 percent.

On a monthly basis, consumer prices decreased 1.0 percent in January, following a 0.1 percent fall in the previous month, as estimated earlier.

The harmonized index of consumer prices increased 1.1 percent annually in January, following a 0.8 percent rise in December, as initially estimated.

On a month-on-month, the HICP fell 1.4 percent in January, as estimated.

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