Harmonized inflation rose to 5.9% in January from December’s 5.5%, while core inflation hit a record high. Price pressures should ease this year, curbed by higher interest rates, softer domestic demand and stabilizing commodity prices. However, they will remain elevated. Pre-electoral fiscal spending poses an upside risk. Energy price swings are a key factor to watch.
Spain 3-Month EURIBOR (%, eop) Data
|3-Month EURIBOR (%, eop)||-0.33||-0.31||-0.38||-0.55||-0.57|