Spain's Inflation Holds at 4.9% in October, Core Rate at 3.1%

Spain's National Statistics Institute (INE) published the flash estimate of the consumer price index on October 30: annual CPI inflation in October was 4.9%, the same rate as in September, with prices up 0.6% on the month.
Core inflation, which excludes unprocessed food and energy products, stood at 3.1% year on year, unchanged from September. The harmonised index of consumer prices (HICP) also rose 4.9% year on year, with a monthly increase of 0.5%.
The INE said the figures are a flash estimate and that the final October CPI data will be published next month. Spanish inflation remains elevated, with food and energy prices continuing to drive households' cost of living.
Source: Instituto Nacional de Estadística (INE
Published by GSM · USA (original Chinese edition)
Photo: 图:西班牙市场内景(资料图)。图片来源:Wikimedia Commons(CC BY-SA 4.0),作者:Steven Lek。 / Photo: Inside a Spanish market (file photo). Source: Wikimedia Commons (CC BY-SA 4.0), by Steven Lek.
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