Spain December CPI y/y +1.1% vs +1.2% expected
Latest Spanish inflation data - 12 January 2018
- Prior y/y +1.7%
- CPI m/m 0.0% vs +0.5% prior
- HICP m/m 0.0% vs +0.1% expected
- HICP y/y +1.2% vs +1.3% expected
A lower than expected reading for Spanish inflation figures. EUR/USD now down to 1.2056 after touching session highs of 1.2075 earlier on the back of breakthrough in German coalition talks.