Spain September preliminary CPI +3.5% vs +3.5% y/y expected
<ul><li>Prior +2.6%</li><li>HICP +3.2% vs +3.3% y/y expected</li><li>Prior +2.4%</li></ul><p>The readings here serve as another reminder that inflation pressures may prove to be much stickier than anticipated. But the good news at least is that core annual inflation is seen easing slightly further to 5.8% from 6.1% in the month before.</p>
This article was written by Justin Low at www.forexlive.com.
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