A Reuters poll of analysts had expected the consumer price index (CPI) to rise 10.9% year-on-year in November.
In October there had been an increase of 11.1%.
For his part, monthly CPI rose 0.4% in November, after an increase of 2% in October.
A Reuters poll suggested that the monthly rate would rise 0.6% in November.
As for the production pricesthe National Statistics Office (ONE) said that prices rose by 14.8% in the comparison with the same month of the previous year, after an increase of 16.3% in September.
Analysts predicted that the index of Industrial prices would rise 14.6% in October.
The bank of england will report this week its definitions regarding the interest rate. After knowing the inflation data for October, the entity decided to apply this Thursday its biggest interest rate increase in 33 years. The latest rate update brought them from 2.25% to 3%, their highest level since 1989.
After knowing the data, the pound sterling rises 0.26% to 1.2367 dollars.
Source: Ambito
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