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Spain's EU-Harmonised 12-mth Inflation Rises to 2.9% in Jan

Feb 14 (Reuters) - Spain's European Union-harmonised 12-month inflation rate rose to 2.9% in January from 2.8% in the period through December, final data released by the National Statistics Institute, or INE, showed on Friday.

The INE's final data of 2.9% confirmed the flash reading of 12-month European Union-harmonised inflation released two weeks ago and the average estimate from analysts polled by Reuters.

Core inflation, which strips out volatile fresh food and energy prices, was 2.4% in the 12 months through January, down from 2.6% in the period through December, INE said.

Spain's 12-month national consumer prices rose 2.9% in the 12 months through January, up from 2.8% in the period through December.

The final data of 2.9% was below both the flash estimate released by INE two weeks ago and the forecasts by analysts polled by Reuters at 3.0%.

Reporting by Tiago Brandao, editing by Inti Landauro

Source: Reuters


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