Thursday , 14 November 2024
Home Forex Spain October final CPI +1.8% vs +1.8% y/y prelim
Forex

Spain October final CPI +1.8% vs +1.8% y/y prelim

  • Prior +1.5%
  • HICP +1.8% vs +1.8% y/y prelim
  • Prior +1.7%

Core annual inflation was seen at 2.5% on the month, up slightly from 2.4% in September. That just reaffirms a small bump in the works in the disinflation process. But given recent developments, the ECB will still feel comfortable in sticking with rate cuts for now.

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

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Gold shows some life falling to the lowest since September

The gold market was pricing for uncertainty into the US election but...

ECB’s Schnabel: Asset purchases are more powerful for stabilizing markets than econ

Warns against relying on stable macroeconomic relationshipsInflation risks have shifted from downside...

Bank of England’s Bailey: The UK must preserve free trade

Urges UK not to counter protectionism with tariffsWe must welcome opportunity to...

Trump trades are cooling off today

The sugar-high from the Trump election is wearing off in a few...