Spain HICP Dec flash mm -0.4% vs -0.2% exp

Data out a short while ago and disappointing expectations
– +0.2% prev
– yy -0.1% vs +0.1% exp vs -0.4% prev
– CPI mm flash -0.3% vs -0.1% exp vs +0.4% prev
The dip will obviously cause concerns but not so surprising as commodity prices, energy in particular remain on the back foot