Latest data released by the National Statistics Institute - 30 November 2020
- Prior -0.8%
- CPI +0.2% vs +0.1% m/m expected
- Prior +0.5%
- HICP -0.9% vs -0.8% y/y expected
- Prior -0.9%
- HICP +0.1% vs +0.2% m/m expected
- Prior +0.3%
Spanish headline inflation continues to keep more subdued, unchanged from October and that suggests that price pressures across the region aren't really going anywhere ahead of the year-end. This just reaffirms the call for more ECB action next month.
