Latest data released by the National Statistics Institute - 13 July 2018

  • CPI +2.3% vs +2.3% y/y prelim
  • HICP +0.2% vs +0.2% m/m prelim
  • HICP +2.3% vs +2.3% y/y prelim

Preliminary readings can be found here. All in line with estimates except for the core reading which came in at +1.0% compared to the yearly estimate of +1.1%. Nothing much from the report to derail the ECB's inflation outlook.