- Prior +8.7%
- HICP +10.0% vs +8.7% y/y expected
- Prior +8.5%
Spanish annual inflation surpasses the 10% mark for the first time since 1985, as price pressures show little signs of abating. Even if Germany may see a softer reading today, it is still elevated and with other regional readings still soaring it won't provide much comfort for the ECB going into its July decision.
