MADRID, Oct 11 (Reuters) - Spanish national consumer pricesrose 3.4 percent year-on-year in September, according to datafrom the National Statistics Institute on Thursday, after a3-percentage-point rise in Value Added Tax.
September's inflation compared to 2.7 percent in August and aReuters poll forecast of 3.5 percent.
Spanish European Union-harmonised prices rose 3.5 percentfrom a year earlier, up from 2.7 percent in August and in linewith the Reuters forecast.
Core inflation, which strips out volatile food and energyprices, was 2.1 percent year on year, compared to a reading of1.4 percent a month earlier.KEY FIGURES SEPT AUGYearly CPI index change +3.4 +2.7Monthly CPI index change +1.0 +0.6Harmonised y/y +3.5 +2.7Harmonised m/m +1.9 +0.5Core inflation y/y +2.1 +1.4
FORECAST: A Reuters poll had shown analysts were expectingannual consumer prices and EU-harmonised CPI to rise 3.5 percentyear on year in September.
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(Reporting By Paul Day; Editing by Tracy Rucinski)
Keywords: SPAIN ECONOMY/PRICES