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Global Economy

Spanish HICP (Jul) Y/Y 3.8% vs Exp. 3.7% (Prev. 3.7%); M/M -0.1% vs Exp. -0.2% (Prev. 0.6%)

StockNow breaking-news AI analysis

Spain's July HICP inflation beat expectations at 3.8%, alongside a rise in core inflation to 3.0%. These figures, coupled with surging energy prices, reinforce market expectations for an ECB rate hike in September.

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