(Reuters) – Spanish consumer prices rose to 6.7% year-on-year in December, the fastest pace since 1989, flash data from the National Statistics Institute (INE) showed on Thursday.
The 12-month inflation rate to November was 5.5% and analysts polled by Reuters expected an inflation rate of 5.7% for the full 2021.
INE data also showed Spain’s EU-harmonised consumer price index rose 6.7% in December on an annual basis, up from 5.5% in November. Analysts polled by Reuters expected a rise of 5.8%.
(Reporting by Marta Serafinko, editing by Inti Landauro)
