Spain June final CPI -0.3% vs -0.3% y/y prelim

Latest data released by the National Statistics Institute - 14 July 2020

• CPI +0.5% vs +0.5% m/m prelim
• HICP -0.3% vs -0.3% y/y prelim
• HICP +0.4% vs +0.4% m/m prelim

The preliminary release can be found here. No change to the initial estimates, as the headline annual inflation remains in deflation territory in June. The only bright spot is that core CPI is seen at +1.0% y/y, but falling from +1.1% y/y in May.