Spanish final inflation for March confirms drop into deflation zone

Sorry, sorry, disinflation zone

• HICP -0.2% vs -0.2% exp y/y. Prior +0.1%
• 1.6% vs -0.1% prior m/m
• CPI -0.1% vs -0.2% exp y/y. Prior -0.2%
• 0.2% vs 0.2% exp m/m. Prior 0.0%
• Core 0.0% vs 0.1% prior y/y
• 0.5% vs 0.0% prior m/m

Spanish HICP 11 04 2014