Spain June final CPI +1.9% vs +1.9% y/y prelim

<ul><li>HICP +1.6% vs +1.6% y/y prelim</li></ul><p>No changes to the initial estimates and while the headline figures are a welcome development, core annual inflation is only seen easing slightly from 6.1% in May to 5.9% in June. That's still a long way to go in the climb lower to 2% and the ECB will still feel vindicated to tighten policy further this month.</p>

This article was written by Justin Low at www.forexlive.com.