Market Update: Spanish Flash CPI Plunges to 1.2%, Euro Steady
Arslan Butt • 1 min read
According to the flash survey published by the INE, the annual inflation CPI in December 2018 was 1.2%. This indicator presents a preview of the CPI that, if confirmed, would indicate a drop of 0.5% rate, since in November this change was 1.7%.
The EUR/USD remains steady on this news release – the pair remains subdued above $1.1450.