The year-on-year inflation rate in Spain for October rose by one-tenth, reaching 3% after being at 3% in September.
This marks the second consecutive month of rising inflation in Spain, following a stable rate of 2.7% in both July and August.
The price increases in October were primarily driven by a rise in electricity costs, according to the National Statistics Institute (INE).
The core inflation rate, which excludes energy and fresh food products known for their volatility, stood at 2.5% in October, up from 2.4% in September, based on the same estimate released today.
On a month-to-month basis, prices in Spain increased by 0.7% in October, after a decline of 0.3% in September.
