08:00 AM BST, Spain - Retail Sales Data for August:
- Spanish Retail Sales: actual 4.5% YoY; previous 4.7% YoY;
08:00 AM BST, Spain - Inflation Data for September:
- Spanish HICP: actual 0.1% MoM; forecast 0.3% MoM; previous 0.0% MoM;
- Spanish HICP: actual 3.0% YoY; forecast 3.0% YoY; previous 2.7% YoY;
- Spanish CPI: actual -0.4% MoM; forecast -0.2% MoM; previous 0.0% MoM;
- Spanish CPI: actual 2.9% YoY; forecast 3.1% YoY; previous 2.7% YoY;
Inflation in Spain reached its highest level in over a year, justifying the European Central Bank leaving interest rates unchanged next month. Consumer prices rose 3% in September compared with a year earlier, up from 2.7% in August, in line with economists’ expectations. However, the monthly data showed a decline in prices, and the report overall came in below expectations. Market reaction is mixed at the moment. The SPA35 index is slightly lower.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
