March 27 (Reuters) – Inflation harmonized with European standards increased by 3.2% in Spain year on year in March, after an increase of 2.9% in February, according to preliminary data published on Wednesday by the National Institute of statistics (INE).
Despite this increase, inflation remained slightly below the 3.3% forecast by analysts polled by Reuters.
Core inflation, which excludes volatile prices for unprocessed food and energy, rose 3.3% year-on-year in March, a slowdown from February’s 3.5% rise. , according to the INE.
(Reporting Tiago Brandao, French version Diana Mandiá, editing by Kate Entringer)
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