Spain’s inflation rate for September showed a decrease of 0.3% month-over-month, contrasting with the previous month’s unchanged rate. This marks a significant shift, indicating a cooling in price pressures.
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The actual decline was less than the analyst estimate of a 0.4% drop, suggesting that inflationary pressures are easing but not as rapidly as anticipated. This outcome may provide a short-term boost to consumer-related stocks, as lower inflation can increase purchasing power. However, the broader market impact may be limited as the data aligns closely with expectations, reducing the likelihood of immediate policy changes.