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Spain May final CPI +3.2% vs +3.2% y/y prelim

Prior +4.1%HICP +2.9% vs +2.9% y/y prelimPrior +3.8%The final readings match up with initial estimates but the good news here is that core annual inflation is seen dropping from 6.6% in April to 6.1% in May at least. While still at a relatively high number, it perhaps points to a potential turning point in inflation developments. Here's the chart: This article was written by Justin Low at www.forexlive.com... Read More

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Posted: Jun 13 2023, 07:00

Author Name: forexlive

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