Spain consumer price inflation rose to a five-month high in July on electricity and transport costs, final data from the statistical office INE showed on Wednesday.
The consumer price index posted an annual increase of 2.7 percent after rising 2.3 percent in June. This was the highest rate since March and also matched flash estimate.
EU harmonized inflation also accelerated to 2.7 percent from 2.3 percent a month ago. The figure came in line with the estimate released on July 30.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.