- 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.
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.