Spain July final CPI +2.7% vs +2.7% y/y prelim

  • Latest data released by INE - 13 August 2025
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  • Prior +2.3%
  • HICP +2.7% vs +2.7% y/y prelim
  • Prior +2.3%

Core annual inflation is seen at 2.3% and that is marginally higher from the 2.2% reading in June. Once again, it reaffirms the ECB's current stance of pausing through the summer.

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