Spain March last CPI +2.three% vs +2.three% y/y prelim

• Prior +three.zero%
• HICP +2.2% vs +2.2% y/y prelim
• Prior +2.9%

Core annual inflation is confirmed at 2.zero% and down from 2.2% in February, in order that’s a constructive nod for the ECB. However once more, all of that is pre-tariffs so we’ll see how issues go shifting ahead. For now at the very least although, it will not derail the 25 bps price minimize subsequent week.

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



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