inflationary pressures are becoming more broad-based By Reuters

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© Reuters. A couple carries a bottle of water and a loaf of bread as they watch the display of a shoe shop in Ronda, Spain, October 13, 2022. REUTERS/Jon Nazca

(Reuters) – Spanish consumer prices rose 8.9% year-on-year in September, down from 10.5% in the period through August and slightly below the flash estimate of 9.0% released two weeks ago, final data released by the National Statistics Institute showed on Friday.

Analysts polled by Reuters saw the 12-month inflation to September at 9.0%.

Core inflation, which strips out volatile food and energy prices, was 6.2% year-on-year, down from 6.4% a month earlier.

INE revised the 12-month European Union-harmonised price increase to 9.0% down from a previous estimate of 9.3%.

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By Reuters