Spain September final CPI at 4.0%, the fastest pace in 13 years

Spain September final CPI at 4.0%, the fastest pace in 13 years

Spain September final CPI at 4.0%, the fastest pace in 13 years

A woman makes purchases in a fruits and vegetables shop at a food market in the Andalusian capital of Seville, southern Spain March 7, 2016. REUTERS/Marcelo del Pozo/File Photo

Oct 14 (Reuters) – Spanish national consumer prices rose 4.0% year-on-year in September, the fastest pace since September 2008, according to data from the National Statistics Institute on Thursday, compared to 3.3% in August and in line with a Reuters poll forecast.

Spanish European Union-harmonised prices rose 4.0% from a year earlier, also a 13-year record high, up from 3.3% in August and in line with the Reuters forecast.

Core inflation, which strips out volatile food and energy prices, was 1.0% year on year, compared to a reading of 0.7% a month earlier.

Reporting by Joao Manuel Mauricio in Gdansk, editing by Inti Landauro

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