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Spanish Annual Inflation Rate Confirmed at 3.2% in May

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Spain's annual inflation was unchanged at 3.2% in May, final data from the National Statistics Institute confirmed Friday.

On a monthly basis, consumer prices in Spain were up 0.1%, in line with the initial reading and down from the previous 0.4% jump.

The Spanish annual harmonized inflation rate was 3.6%, matching the flash figure and higher than the previous 3.5%. Month over month, harmonized consumer prices gained 0.1%, in line with the initial data, and against the 0.7% increase earlier.

Meanwhile, the country's annual core inflation rate grew to 3% from 2.8%, above the 2.9% flash figure.

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