Prior +2.0%HICP +2.2% vs +2.0% y/y expectedPrior +2.0%
Spanish headline inflation comes in a little higher in June compared to May but the good news is that core inflation is estimated to hold the same at 2.2% for the month. All in all, nothing that will get the ECB all too worked up as they go on pause mode to enjoy the summer vacation.
This article was written by Justin Low at www.forexlive.com.