Inflation & Prices
Spain Inflation Steady in First View of Volatile December
- Euro-zone data due next Friday after Germany and France
- Officials have anticipated pickup in headline price growth
Shoppers in central Madrid, Spain, on Dec. 27.
Photographer: Paul Hanna/BloombergThis article is for subscribers only.
Spanish inflation remained steady at the end of 2023, tempering a likely euro-zone pickup that may embolden policymakers to keep pushing against bets on imminent interest-rate cuts.
Consumer prices rose 3.3% in December from a year earlier, according to data published on Friday in Madrid. That matches both November’s reading and the median estimate in a Bloomberg survey of economists.