Latest data released by the National Statistics Institute - 14 November 2018

  • Final CPI +2.3% vs +2.3% y/y prelim
  • HICP +0.7% vs +0.7% m/m prelim
  • HICP +2.3% vs +2.3% y/y prelim
  • Core CPI +1.0% vs +1.1% y/y expected
  • Prior +0.8%

Preliminary figures can be found here. In-line with preliminary estimates and though the core reading is a little off expectations, it's still a positive improvement relative to September. That will continue to feed into the optimistic inflation outlook by the ECB at the very least.