Spain's inflation holds at 3.2% in June

Final data released by Spain's National Statistics Institute on Tuesday showed that consumer price inflation in Spain was unchanged in June, in line with the preliminary estimate.

The consumer price index rose 3.2% year-on-year in June, matching the pace recorded in April and May and confirming the preliminary estimate published on 29 June.

Annual inflation based on the European Union's harmonised consumer price index held steady at 3.6%, in line with the initial reading.

Core inflation, which excludes volatile food and energy prices, edged down to 2.9% from 3% in May, also in line with the preliminary estimate.