Spain November final CPI -0.1% vs -0.1% m/m prelim

Latest data released by the National Statistics Institute - 14 December 2018

  • Final CPI +1.7% vs +1.7% y/y prelim
  • Final HICP -0.2% vs -0.2% m/m prelim
  • Final HICP +1.7% vs +1.7% y/y prelim

Preliminary figures can be found here. All figures are in-line with initial estimates. Nothing really to gather from the release here after we already saw the slight downgrade in inflation outlook from the ECB overnight.

EUR/USD sits at 1.1354 currently, off the lows but still in a narrow range. EUR/GBP holds higher at 0.8995 still as the pound remains weak across the board to begin the session.

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