Spanish CPI August flash mm -0.3% vs -0.9% prev

Data out just now. Good news for Spain again

• yy -0.4% vs -0.1% prev
• HICP mm -0.4% vs -0.1% exp vs -1.5% prev
• yy -0.5% vs -0.3% exp vs 0.0% prev

YY HICP not such a positive inflation story though

EURUSD a tad higher at 1.1273 but unrelated

• Retail sales July yy +4.2% vs +3.85 prev
• yy sa +4.15 vs +2.3% prev