Spain February final CPI +3.0% vs +3.0% y/y prelim

  • Latest data released by INE - 14 March 2025
  • Prior +2.9%
  • HICP +2.9% vs +2.9% y/y prelim
  • Prior +2.9%

The good news is that core annual inflation is seen easing further, now down to 2.2% from 2.4% in January. That brings it closer to the desired 2% mark and is welcome news for the ECB.

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