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Spain January preliminary CPI +5.8% vs +5.7% y/y prior

Spain January preliminary CPI +5.8% vs +5.7% y/y prior
  • Prior +5.7%
  • HICP +5.8% vs +4.7% y/y expected
  • Prior +5.5%

If this is any indication, it is a major dent to hopes that inflation pressures are abating in the European region. Not only did the annual readings for January come in higher than December for Spain, the core reading is seen up to +7.5% y/y this month from +7.0% y/y in December.

This article was written by Justin Low at www.forexlive.com... Read More
Posted: Jan 30 2023, 08:00
Author Name: forexlive
Views: 110532

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