Julian Benson
on March 1st, 2023 Following better-than-expected inflation data from France and Spain yesterday morning, European equities saw a decline as the data increased investor uncertainty over the pace of interest rate rises from European central banks.
Inflation in France expanded to 6.2% in February and Spain’s inflation rate accelerated to 6.1%, from 5.6% in January. Despite the rising inflation in Spain and France, the euro remained steady on the back of this data release.
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