Spain Inflation Rate

Last Release

Aug 31, 2025

Actual

2.7

Units In

2.7

Frequency

Monthly

Next Release

Sep 29, 2025

Time to Release

28 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
28.43 Aug 1977	-1.37 Jul 2009	6.34 %	1955-2025	National Statistics Institute (INE)

In Spain, the most important categories in the consumer price index are food and non-alcoholic beverages (20 percent of the total weight), transport (15 percent), housing and utilities (13 percent) and hotels, cafés and restaurants (12 percent). The index also includes: Recreation and culture (9 percent); miscellaneous goods and services (7 percent); and clothing and footwear (7 percent). Furnishings, household equipment and routine maintenance of the house; health; communications; alcoholic beverages and tobacco; and education account for the remaining 18 percent of total weight.

Latest Updates

Spain's annual inflation stood at a five-month high of 2.7% in August 2025, matching July's reading and just below market forecasts of 2.8%. Inflation stability reflected opposing trends, with fuel prices pushing upward by falling less than last August, while food, drinks, and electricity weighed downward, with prices either dropping more sharply or rising more slowly than a year ago. Meanwhile, core inflation—which excludes volatile components like food and energy—ticked up to a four-month high of 2.4% in August, from 2.3% in the month before. Considering the EU-harmonised CPI increased 2.7% on an annual basis, matching expectations, and was unchanged month-on-month, below the predicted 0.1% rise. On a monthly basis, consumer prices were flat, after a 0.1% decrease in July and against market estimates of a 0.1% rise.