Spain March final CPI m/m +0.1% vs +0.1% prelim

Latest data released by the National Statistics Institute - 13 April 2018

• Final CPI y/y +1.2% vs +1.2% prelim
• HICP m/m +1.2% vs +1.2% prelim
• HICP y/y +1.3% vs +1.3% prelim

In line with preliminary figures, nothing that will change the current inflation picture. The core reading was a little higher than the preliminary though, coming in at +1.2% y/y compared to the preliminary figure of +1.1% y/y.

But only marginally higher. EUR/USD continues to trade range-bound on the day now at 1.2325. EUR/GBP at 0.8642, lower on the day as sterling advances further. EUR/CHF at 1.1874, near the highs.