Spain November final CPI +5.5% vs +5.6% y/y prelim

  • Latest data released by the National Statistics Institute - 15 December 2021
  • HICP +5.5% vs +5.6% y/y prelim

A minor revision lower but this is still the fastest inflation rate in 29 years in Spain. That will just keep the pressure on the ECB's 'transitory' narrative going into year-end.

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