PHOTO
The Spanish flag and the EU flag are seen during the ceremony of transfer of authority of the leadership from UK to Spain of European Union Atalanta Operation which is in charge of counter-piracy in the Indian Ocean, at the naval airbase in Rota, near Cadiz, southern Spain March 29, 2019. Jon Nazca, Reuters Image used for illustrative purpose.
Spain's European-Union harmonised inflation rose 3.2% in the 12 months through March, up from 2.9% increase in the period through February, preliminary data from the National Statistics Institute (INE) showed on Wednesday.
The 12-month harmonised inflation was below the 3.3% expected by analysts polled by Reuters.
Core inflation, which strips out volatile fresh food and energy prices, rose 3.3% in the 12 months through February, down from 3.5% in the previous month, INE said.
Spanish 12-month national consumer prices rose 3.2% through March, up from a 2.8% increase in February and in line with expectation of analysts polled by Reuters. (Reporting by Tiago Brandao, editing by Pietro Lombardi)