Thu, 29 Aug 2024 08:16:39 GMT
Spanish CPI moves the Euro
On Thursday morning, the publication of the Spanish Flash CPI revealed information that inflation in the Euro Zone might be far below what was previously assumed.
The Spanish Flash CPI was expected to show a stunning decline of inflation, down to 2.4% from the previous 2.8%. The actual data was 2.2%, which is almost at the ECB target.