Latest data released by the National Statistics Institute - 15 February 2019
- Final CPI +1.0% vs +1.0% y/y prelim
- Final HICP -1.7% vs -1.7% m/m prelim
- Final HICP +1.0% vs +1.0% y/y prelim
- Core CPI -1.5% m/m
- Prior 0.0%
- Core CPI +0.8% vs +1.0% y/y expected
- Prior +0.9%
Preliminary readings can be found here. The headline figures remain unchanged from initial estimates but the release here shows that the fall there is accompanied by a drop in the core reading as well. Could this be a precursor of what's to follow in the coming months for the overall Eurozone inflation outlook? Only time will tell.
The release here is a minor data point, not one that's going to change things on the day. EUR/USD sits lower at 1.1277 as the dollar holds steady as we begin the new day so far.
