Spain February preliminary CPI +3.0% vs +3.0% y/y expected ...Middle East

Prior +2.9%HICP +2.9% vs +2.8% y/y expectedPrior +2.9%

The good news here is that core annual inflation is seen easing to 2.1%, down from 2.4% in January. That will fit into the ECB rate cut narrative for next month.

This article was written by Justin Low at www.forexlive.com.

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