Spain’s 12-month inflation in November falls to 6.8% from 7.3%

Dec 14 (Reuters) – Spanish consumer prices rose 6.8% year-on-year in November, down from 7.3% in the period through October, final data released by the National Statistics Institute showed on Wednesday.

Analysts polled by Reuters saw the 12-month inflation through November at 6.8%, the same as the flash estimate released two weeks ago.

Core inflation, which strips out volatile food and energy prices, was 6.3% year-on-year, up from 6.2% registered a month before.

The 12-month European Union-harmonised price stood at 6.7%, up 0.1 percentage point compared to the INE’s previous estimate two weeks ago.

(Reporting by Marta Serafinko, editing by Inti Landauro)

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