Latest data released by the National Statistics Institute - 14 May 2019

  • Final CPI +1.5% vs +1.5% y/y prelim
  • Final HICP +1.1% vs +1.1% m/m prelim
  • Final HICP +1.6% vs +1.6% y/y prelim
  • Core CPI +0.9% vs +0.7% y/y expected
  • Prior +0.7%

Preliminary figures can be found here. The final readings here are in-line with initial estimates so there isn't anything new to gather from the release here. The core reading comes in a tad higher than expected but this is very much similar to what we saw in the Eurozone figures, which is largely attributed to Easter seasonality.