Spain December preliminary CPI +2.eight% vs +2.6% y/y anticipated

• Prior +2.four%
• HICP +2.eight% vs +2.6% y/y anticipated
• Prior +2.four%

The priority for the ECB is that core annual inflation right here is seen ticking larger to 2.6%, up from 2.four% in November. This is a have a look at the inflation development in Spain:

The disinflation path seems to have stalled as we shut out the 2024 12 months. The ECB has stated that issues can be extra bumpy within the latter phases of the 12 months, so this validates that sentiment. It is now a query of how lengthy this supposed “bumpy” path will persist in 2025.

This text was written by Justin Low at www.ubaidahsan.com.



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