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Breaking Posted 1 hour ago

Spain PPI surges 3.0% M/M, 9.2% Y/Y in July

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Spain's producer price index jumped 3.0% month-on-month and 9.2% year-on-year in July, both significantly above prior readings. The acceleration signals persistent inflation pressure in the eurozone's periphery, complicating ECB disinflation narratives and supporting euro strength amid hawkish Fed repricing driving September rate-path expectations.
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1 hour ago

Spain PPI jumps to 9.2% YoY in July, up from 7%

Spain's producer price index accelerated to 9.2% year-over-year in July, significantly above the prior 7% reading, signaling persistent inflationary pressure in the eurozone's fourth-largest economy. This threatens ECB rate-cut expectations and could weigh on EUR/USD as markets reassess eurozone inflation momentum ahead of Friday's flash PMI data.

https://x.com/FirstSquawk/status/2092145581837914468
1 hour ago

Spain July PPI surges 3% MoM, reversing prior flat reading

Spain's July PPI jumped 3% month-on-month versus 0% in June, a sharp acceleration in producer-price inflation. The surprise spike signals renewed euro-zone inflationary pressure ahead of Friday's EU flash PMIs and ECB policy signals, potentially weighing on EUR/USD as traders reassess growth-versus-inflation dynamics in the bloc.

https://x.com/FirstSquawk/status/2092145565203406884
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