7:09 AM · 29 August 2024

BREAKING: Spanish CPI below expectations 📣

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08:00 AM BST, Spain - Inflation Data for August:

Spanish HICP: actual 2.4% YoY; forecast 2.5% YoY; previous 2.9% YoY;
Spanish HICP: actual 0.0% MoM; forecast 0.2% MoM; previous -0.7% MoM;
Spanish CPI: actual 0.0% MoM; forecast 0.1% MoM; previous -0.5% MoM;
Core CPI: actual 2.7% YoY; previous 2.8% YoY;
Spanish CPI: actual 2.2% YoY; forecast 2.4% YoY; previous 2.8% YoY;

Lower Headline CPI data close to inflation target, increased downward pressure on EURUSD.

Source: xStation 5

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