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Published on Wednesday, June 29, 2016

Spain | CPI flash estimate points at lower energy downward pressure in June

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Summary

CPI flash estimate signals that general consumer prices fell by -0,8% YoY in June, 0,2pp less than what was expected and to the fall in May. Our estimations suggest that energy is the only component that has a negative contribution on inflation, while growth in core prices should have remained stable at around 0,7% YoY.