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

Prior +3.5%HICP +3.2% vs +3.7% y/y expectedPrior +3.5%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. This article was written by Justin Low at www.forexlive.com.

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