Spain October final CPI +3.5% vs +3.5% y/y prelim

  • Latest data released by INE - 14 November 2023
  • Prior +3.5%
  • HICP +3.5% vs +3.5% y/y prelim
  • Prior +3.3%

No changes to the initial estimates as core annual inflation is seen falling from 5.8% in September to 5.2% in October. That will be a comforting development for the ECB at least, although it is still at a very high level.

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