Spain's inflation rate in February slightly increased to 2.5%

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Investing.com – According to the final data released by the National Statistics Institute (INE) on Friday, Spain’s 12-month inflation rate meeting EU standards rose to 2.5% in February, up from 2.4% in January.

The final data is consistent with the preliminary figures released two weeks ago and the average forecast from analysts surveyed by Reuters.

INE reports that the core inflation rate, which excludes volatile fresh food and energy prices, increased to 2.7% over the 12 months ending in February, up from 2.6% in January.

Spain’s domestic consumer prices remained at 2.3% over the 12 months ending in February, unchanged from January. This data is consistent with the preliminary estimate of 2.3% from INE two weeks ago.

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