Spain June preliminary CPI +0.3% vs +0.2% m/m expected

Latest data released by the National Statistics Institute - 28 June 2018

• Prior +0.9%
• CPI +2.3% vs +2.3% y/y expected
• Prior +2.1%

• HICP +0.2% vs +0.2% m/m expected
• Prior +0.9%
• HICP +2.3% vs +2.3% y/y expected
• Prior +2.1%

I would say the data is mostly in line with estimates here, as the yearly readings all meet expectations - even the harmonised ones. A decent jump relative to the May readings and that will be much welcome by the ECB.