- East +3.0%
- HICP +3.0% vs +3.0% y/y expected
- East +3.2%
Spanish headline inflation is slightly below the reading in November but at least within estimates. However the most important metric is core annual inflation and it is still seen at 2.6%, the same as last month. Thus, it reflects sticky price pressures in the Spanish economy in general. But at least overall economic activity is among the better performing in the euro zone, unlike *cough* Germany *cough*.
This article was written by Justin Low on InvestingLive.com.
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