Latest data released by the National Statistics Institute - 27 March 2018
- Prior m/m +0.1%
- CPI y/y +1.2% vs +1.4% expected
- Prior y/y +1.1%
- HICP m/m +1.2% vs +1.6% expected
- HICP y/y +1.3% vs +1.5% expected
A miss compared to expectations, but they are better than prior figures - and that should pretty much balance things out.
Spanish data has been the surprise package over the last few months, so you can sort of forgive the miss here - but as mentioned earlier, it's a steady hold from the lows posted in January - for now at least.
