Spain June preliminary CPI +2.2% vs +2.0% y/y expected

  • Latest data released by INE - 27 June 2025
  • Prior +2.0%
  • HICP +2.2% vs +2.0% y/y expected
  • Prior +2.0%

Spanish headline inflation comes in a little higher in June compared to May but the good news is that core inflation is estimated to hold the same at 2.2% for the month. All in all, nothing that will get the ECB all too worked up as they go on pause mode to enjoy the summer vacation.

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