Spain June final CPI +2.3% vs +2.2% y/y prelim
- Prior +2.0%
- HICP +2.3% vs +2.2% y/y prelim
- Prior +2.0%
Core annual inflation, the more important reading, remains unchanged compared to May at 2.2%. This just helps to reaffirm the ECB decision to stay on pause through the summer.