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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SPAIN DATA
MNI (London)
SPAIN FINAL NOV HICP -0.3% M/M, +6.7% Y/Y; OCT +7.3% Y/Y
- Spanish headline harmonised CPI saw 0.2pp and 0.1pp upwards revisions on the monthly and annualised November prints in today's final print.
- This leaves prices having slowed to -0.3% m/m and down 0.6pp at +6.7% y/y, still substantially lower than the July peak of +10.7% y/y.
- The drop in fuel and electricity prices remained the main downward driver, and to a lesser extent, a slowdown in hotels/restaurant and apparel prices.
- Core inflation remains up one-tenth at +6.3% y/y, implying that broad-based easing in non-food/energy price pressures remains minimal.
Annualised Spanish HICP (orange) vs Eurozone HICP :
Source: INE
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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