Spain Inflation Rate

Last Release

Nov 30, 2025

Actual

Units In

3.1

Frequency

Monthly

Next Release

Dec 30, 2025

Time to Release

15 Days 14 Hours

Highest	Lowest	Average	Date Range	Source
28.43 Aug 1977	-1.37 Jul 2009	6.33 %	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

The annual inflation rate in Spain was 3% in November 2025, compared to October's 3.1%, in line with the preliminary estimates. The deceleration was largely driven by a slowdown in housing and utilities prices (5.7% vs 7.5% in October), namely electricity (11.9% vs 18.7%). On the other hand, prices accelerated for food & non-alcoholic beverages (2.8% vs 2.4%), owing to increases in oils and fats, milk, cheese, and eggs. Prices also rose more quickly in recreation and culture (1.2% vs 0.1%), mainly due to costlier package holidays. The core inflation rate, which excludes volatile components like food and energy, was confirmed at a one-year high of 2.6% in November 2025, up from October's 2.5%. Considering the EU-harmonised, the CPI rose 3.2% on the year, slightly above earlier estimates of 3.1%, the same pace as in October. Monthly, the CPI rose by 0.2%, after a 0.7% advance in October; and the EU harmonized was flat, compared to a 0.5% rise in October, both matching initial estimates.