Spain August preliminary CPI +2.7% vs +2.8% y/y expected ...Middle East

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Spain August preliminary CPI +2.7% vs +2.8% y/y expected
Prior +2.7%HICP +2.7% vs +2.7% y/y expectedPrior +2.7%

The headline readings are the same as they were in July but core annual inflation is seen creeping a little higher to 2.4%, up from 2.3% in the month before. So, that is something to keep an eye out for at least. Anyway, this just serves to reaffirm the ECB rate outlook for the time being.

This article was written by Justin Low at investinglive.com.

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