News

Spain July final CPI -0.6% vs -0.6% m/m prelim

Latest data released by the National Statistics Institute – 13 August 2019

  • CPI +0.5% vs +0.5% y/y prelim
  • HICP -1.1% vs -1.1% m/m prelim
  • HICP +0.6% vs +0.7% y/y prelim
  • Core CPI +0.9% vs +0.9% y/y prior

ForexLive

Preliminary figures can be found here. Pretty much in-line with initial estimates and the bright spot here is that the core reading held steady relative to June.

That said, inflationary pressures in the region continue to be lacking and that will reaffirm the ECB’s decision to introduce more stimulus at next month’s monetary policy meeting.

Articles You May Like

EURUSD Rebound Unravels as Fed Tames Bets for Rate Easing Cycle
Japanese, South Korean Foreign Ministers to meet in Beijing on Wednesday
European shares have a recovery day
The EURUSD remains in “the range”
Cable eases to session low to test key near-term levels

Leave a Reply

Your email address will not be published. Required fields are marked *