OECD: Spain's Inflation Differential vs Eurozone to Persist Through 2027

The OECD forecasts that Spain's elevated price levels relative to the European average will remain until 2027, indicating persistent inflationary pressure in the Spanish economy. This suggests a sustained divergence in price dynamics within the eurozone, potentially complicating ECB policy calibration. The forecast is based on OECD analysis, but the underlying drivers and exact magnitude remain unspecified.