Spain HICP y/y comes in at 4.5%

Spain’s Harmonized Index of Consumer Prices (HICP) year over year was released today, August 28, 2026, at 07:00 UTC. The actual figure came in at 4.5%. No consensus figure was available for comparison.

Following the release, the euro showed limited movement against major currencies in the initial 15 minutes. EURAUD was up 2.3 pips, while EURCAD gained 0.6 pips. EURCHF declined by 1.1 pips, and EURGBP rose 0.9 pips. EURJPY fell 1.4 pips, EURNZD increased by 1.7 pips, and EURUSD was down 3.0 pips. These measured moves are small when compared to typical 1-hour movements observed after past releases of this event. For instance, the median 1-hour move for EURUSD has been 8 pips, and for EURJPY, it has been 10 pips.