Spanish Core Inflation Rate YoY Prel (Apr) Y/Y 2.8% (Prev. 2.9%)
Context
The preliminary release of Spain's core inflation rate shows a slight moderation to 2.8% year-over-year from the previous 2.9%. This small decline may suggest that inflation pressures are easing slightly, which could influence ECB policy considerations and potentially affect the euro's strength in forex markets.
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