Spain December final CPI +3.1% vs +3.1% y/y prelim

  • Latest data released by INE - 12 January 2024
  • Prior +3.2%
  • HICP +3.3% vs +3.3% y/y prelim
  • Prior +3.3%

Core annual inflation eases further to 3.8% on the month, down from 4.5% in November. And that is keeping with the trend as of late, helping to give the ECB more flexibility in working towards a policy pivot.

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