Spain’s Harmonised Inflation Rate YoY Preliminary figures show an increase to 3.0% from the previous 2.7%, marking a 0.3 percentage point rise. This indicates a higher inflationary pressure compared to the last period.
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The actual inflation rate matched analyst estimates at 3.0%, suggesting that the market had anticipated this uptick. The rise in inflation is likely to impact consumer goods and services sectors, as higher prices may affect consumer purchasing power. The market effect could be short-term, driven by sentiment, as investors assess the implications for future monetary policy adjustments.