Spain October preliminary CPI +0.9% vs +0.9% m/m expected

Latest data released by the National Statistics Institute - 30 October 2018

• Prior +0.2%
• CPI +2.3% vs +2.2% y/y expected
• Prior +2.3%

• HICP +0.7% vs +0.6% m/m expected
• Prior +0.6%
• HICP +2.3% vs +2.3% y/y expected
• Prior +2.3%

More or less within expectations and CPI figures are very much steady from September. That bodes well in the sense that it doesn't pose major threats to the ECB's inflation outlook but this is only one release, still needs to be put together with the other nations to solidify that notion.