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Market Commentary and Intraday News

Spain Inflation Accelerates In August

267 days ago

(RTTNews) - Spain's harmonized inflation accelerated more than expected on higher fuel costs in August, flash estimate from the statistical office Ine showed Thursday.

Inflation, as measured by the harmonized index of consumer prices or HICP, rose to 2.7 percent in August from 2.2 percent a month ago. The rate was forecast to rise to 2.3 percent.

Likewise, consumer price inflation rose to 2.7 percent from 2.2 percent in July.

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