Latest data released by the National Statistics Institute - 12 February 2021
- CPI 0.0% vs +0.1% m/m prelim
- HICP +0.4% vs +0.6% y/y prelim
- HICP -0.4% vs -0.3% m/m prelim
A slightly lower revision but this reaffirms a modest bounce in Spanish inflation to start the year. Then again, the caveat is that there might be circumstantial factors at play throughout 1H 2021 so it will be tough to draw much conclusions for now.
