Spain November preliminary CPI 2.4% vs 2.4% y/y expected

November 28, 2024 at 08:00AM

Prior +1.8%

HICP +2.4% vs +2.4% y/y expected

Prior +1.8%

Core annual inflation was seen at 2.4%, marginally lower than the 2.5% reading in October. So, that’s a welcome development and offsets the rise in headline prices which largely has to do with base effects.

This article was written by Justin Low at www.forexlive.com.

Spain November preliminary CPI 2.4% vs 2.4% y/y expected