Latest data released by the National Statistics Institute – 28 October 2021

  • Prior +4.0%
  • HICP +5.5% y/y
  • Prior +4.0%

Yowza. That’s a big jump in Spanish annual consumer inflation with the headline rising to its highest since 1992. That’s not exactly a comforting headline for ECB policymakers ahead of today’s meeting decision.

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