Spain inflation remains stubborn in October, keeping ECB rate hike expectations firmly alive

What we know so far

investingLive (Nov 13, 14:00): Spain October final CPI +4.9% vs +4.9% y/y prelimPrior +4.9%Spain October final HICP +4.9% vs +4.9% y/y prelimPrior +5.0%Spain October core CPI +3.1% y/yPrior +3.1%No changes to the preliminary estimates as the final report here reaffirms that Spanish inflation remains stubborn with headline prices keeping near 5% in October. The latest drop in energy prices over the past week or…