Spain Inflation Rate

Last Release

Jun 30, 2025

Actual

2.2

Units In

Frequency

Monthly

Next Release

Jul 30, 2025

Time to Release

1 Months 0 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
28.43 Aug 1977	-1.37 Jul 2009	6.35 %	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 rate inched up to 2.2% in June 2025 from a seven-month low of 2% in May and against market expectations it would remain steady at 2%, according to preliminary estimates. It marks the first increase after three consecutive months of deceleration, largely attributed to a rebound in fuel prices, contrasting with the decline observed in June 2024. Food and non-alcoholic beverages also played a role, with prices increasing more than in the same month a year earlier. The core rate, excluding volatile items like food and energy, stood at 2.2%, unchanged from the prior month. Compared to the previous month, consumer prices rose 0.6%, after a 0.1% increase in May and above market forecasts of a 0.4% rise. Considering the EU-harmonised, the CPI rose 2.2% on the year, topping market forecasts of 2%, and increased 0.6% on the month, in line with market estimates.