Spain February preliminary CPI +3.0% vs +3.0% y/y expected

27/02/2025 | 08:00 GMT

Latest data released by INE - 27 February 2025

Prior +2.9%
HICP +2.9% vs +2.8% y/y expected
Prior +2.9%

The good news here is that core annual inflation is seen easing to 2.1%, down from 2.4% in January. That will fit into the ECB rate cut narrative for next month.

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