Spain HICP y/y comes in at 3.8% against 3.5% consensus - ForexCracked
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Event recap EUR

Spain HICP y/y comes in at 3.8% against 3.5% consensus

Published Jul 30, 07:30 UTC
Impact
4/ 10, low
Market reaction Live, FXC rate feed
PairNowSince publish
EURUSD
Change measured from story publish at 07:30 UTC, from our own MT4 feed.

Spain’s Harmonized Index of Consumer Prices (HICP) year over year was released today, July 30, 2026, at 07:01 UTC. The actual figure came in at 3.8%, surpassing the consensus estimate of 3.5%. This represents an 8.6% surprise relative to expectations. The previous reading for this indicator was 3.6%.

Following the release, market reactions for EUR pairs showed varied movements after 15 minutes. EURAUD moved -22 pips, EURCAD moved +2.3 pips, EURCHF moved -2.3 pips, EURGBP moved -5.2 pips, EURJPY moved -10 pips, EURNZD moved -28 pips, and EURUSD moved -3.7 pips. For context, the median 1-hour move for EURAUD after past releases is 12 pips, for EURCAD 9 pips, for EURCHF 6 pips, for EURGBP 5 pips, for EURJPY 11 pips, for EURNZD 13 pips, and for EURUSD 8 pips.

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