Latest inflation data now out
– -0.2% prev
– yy +0.2% vs +0.1% exp vs 0.0% prev
– HICP mm +0.2% vs +0.1% exp vs -0.2% prev
– yy +0.3% vs +0.2% exp vs +0.1% prev
A welcome uptick but a long way to go still and oil prices will continue to add downward pressure