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Spain's 12-month inflation down to 7.3% in October

Reuters
·1 min read
A woman buys in a fruits and vegetables shop at a food market in the Andalusian capital of Seville, southern Spain

(Reuters) - Spanish consumer prices rose 7.3% year-on-year in October, down from 8.9% in the period through September, final data released by the National Statistics Institute showed on Tuesday.

Analysts polled by Reuters saw the 12-month inflation through October at 7.3%, the same as the flash estimate released two weeks ago.

Core inflation, which strips out volatile food and energy prices, was 6.2% year-on-year, the same level as a month earlier.

The 12-month European Union-harmonised price stood at 7.3%, the same as the INE's previous estimate two weeks ago.

(Reporting by Marta Serafinko, editing by Inti Landauro)