Spain February final CPI +3.0% vs +3.0% y/y prelim
- Prior +2.9%
- HICP +2.9% vs +2.9% y/y prelim
- Prior +2.9%
The good news is that core annual inflation is seen easing further, now down to 2.2% from 2.4% in January. That brings it closer to the desired 2% mark and is welcome news for the ECB.