Spain August preliminary CPI +0.2% vs +0.2% m/m expected

Latest data released by the National Statistics Institute - 30 August 2018

• Prior -0.7%
• CPI +2.2% vs +2.2% y/y expected
• Prior +2.2%

• HICP +0.1% vs +0.2% m/m expected
• Prior -1.22%
• HICP +2.2% vs +2.3% y/y expected
• Prior +2.3%

Headline readings are in line with estimates while the EU-harmonised readings are a tad softer than expected. Doesn't change the recent inflation picture on the Eurozone. Let's move on.