Spain November preliminary CPI +3.2% vs +3.7% y/y expected

<ul><li>Prior +3.5%</li><li>HICP +3.2% vs +3.7% y/y expected</li><li>Prior +3.5%</li></ul><p>The surprisingly softer readings here are very much a welcome development for the ECB. That alongside core annual inflation, which is seen slowing to 4.5% this month – its lowest since April 2022.</p>

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