Spain’s 12-month Inflation Surpasses 10 Percent in June, First Time Since 1985

Spain’s 12-month Inflation Surpasses 10 Percent in June, First Time Since 1985
A woman buys in a fruits and vegetables shop at a food market in the Andalusian capital of Seville, southern Spain, on March 7, 2016. Marcelo del Pozo/Reuters
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MADRID—Spanish 12-month inflation rose to 10.2 percent in June, the first time it has surpassed 10 percent since April 1985, from 8.7 percent in the previous month, preliminary data from the National Statistics Institute (INE) showed on Wednesday.

The reading was higher than the 9.0 percent forecast by analysts in a Reuters poll.