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2025-10-30 16:24:21
[Spain's October Inflation Rate Accelerates, Exceeding Expectations] ⑴ Spain's annual inflation rate rose to 3.1% in October 2025, the highest level since June 2024, up from 3% in September. ⑵ This figure exceeded market expectations of 2.9%, with the acceleration mainly driven by year-on-year increases in electricity prices and rising costs for air and rail transportation. ⑶ Falling gasoline prices partially offset the upward pressure. ⑷ Core inflation rose to 2.5%, the highest level in ten months, compared to 2.4% previously. ⑸ According to the EU harmonized standard, the consumer price index rose 3.2% year-on-year, higher than the market forecast of 3%. ⑹ Month-on-month increase of 0.5% also exceeded analysts' estimates of 0.3%.
