At 10:00 (GMT+2), Spain will release its January Consumer Price Index data — a key gauge of inflation that reflects changes in retail prices across a representative basket of goods and services, including food, transportation, utilities, healthcare, and other consumer categories. If the indicator declines from –0.4% on a MoM basis and from 2.5% on a YoY basis, this could influence the monetary authorities’ rhetoric regarding potential interest rate adjustments.
