Inflation Rate in Spain increased to 2.20 percent in June from 2 percent in May of 2025. This dataset provides the latest reported value for - Spain Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical chart and dataset showing Spain inflation rate by year from 1960 to 2024.

The statistic shows the inflation rate in Spain from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2023, the average inflation rate in Spain increased by about 3.4 percent compared to the previous year. Inflation in Spain As explained briefly above, inflation is commonly defined as the level of prices for goods and services in a country’s economy over a certain time span. It increases when the total money supply of a country increases, causing the money’s value to decrease, and prices to increase again in turn. Nowadays the term “inflation” is used more or less synonymously with “price level increase”. Its opposite is deflation, which, in short, means a decrease of the price level. Spain and its economy have been severely affected by the financial crisis of 2008 (as can be seen above), when the real estate bubble imploded and caused the demand for goods and services to decrease and the unemployment rate in Spain to increase dramatically. Even though deflation only occurred for one year in 2009 and the price level has been increasing since, Spain’s economy still has a long way to go until full recovery. Apart from the inflation rate and the unemployment rate, gross domestic product / GDP growth in Spain and the trade balance of goods in Spain, i.e. the exports of goods minus the imports, are additional indicators of Spain’s desolate condition during the economic crisis and its slow and difficult recovery ever since. Still, there is a silver lining for Spain’s economy. All in all, things seems to be improving economically, albeit slowly; many key indicators are starting to stabilize or even pick up again, while others still have some recovering to do.

The consumer price index in May 2025 increased by 0.3 percent compared to the same month of the previous year. Overall, July 2022 was the month and year that registered the highest inflation, with 10.8 percent.

Harmonised Inflation Rate YoY in Spain increased to 2.20 percent in June from 2 percent in May of 2025. This dataset includes a chart with historical data for Spain Harmonised Inflation Rate YoY.

In 2024, the consumer price index (CPI) annual average in Spain increased by *** percent. The largest annual variation of the period under consideration was registered in 2022, with *** percent.

Core consumer prices in Spain increased 2.20 percent in June of 2025 over the same month in the previous year. This dataset provides - Spain Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Spain increased 0.60 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - Spain Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Spain was 1.92 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 2.24 percent. Compared to a year ago, we see a decrease from the inflation...

Graph and download economic data for Inflation, consumer prices for Spain (FPCPITOTLZGESP) from 1960 to 2024 about Spain, consumer, CPI, inflation, price index, indexes, and price.

March 2022 ranked as month with the the largest monthly increase during the period under consideration, with the percentage change of the consumer price index (CPI) reaching three percent. The largest negative variation since 2017 was -1.3 percent, a month-over-month percentage change recorded in January 2019. Spain's consumer price index has also been analyzed annually.

Spain: Inflation forecast: The latest value from 2030 is 2 percent, unchanged from 2 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Spain from 1980 to 2030 is 4.12 percent. The minimum value, -1.13 percent, was reached in 2014 while the maximum of 15.19 percent was recorded in 1980.

Inflation, consumer prices (annual %) in Spain was reported at 2.7742 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Cost of food in Spain increased 2.50 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Spain Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Harmonised Inflation Rate MoM in Spain increased to 0.60 percent in June from 0 percent in May of 2025. This dataset includes a chart with historical data for Spain Harmonised Inflation Rate MoM.

The inflation rates of energy commodity prices in Spain increased significantly in 2021 and 2022. Electricity saw the steepest rise, with the inflation rate peaking at 107.8 percent in March 2022 before dropping later in the year. These increases in inflation were driven by Russia's invasion of Ukraine, which has caused uncertainty over Europe's security of gas supply, as well as intense energy price volatility.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Spain (CPGRLE01ESQ657N) from Q1 1976 to Q3 2023 about Spain, core, all items, CPI, inflation, price index, indexes, and price.

Spain ES: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 0.955 % in 2017. This records an increase from the previous number of 0.283 % for 2016. Spain ES: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 5.936 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 23.383 % in 1977 and a record low of -0.195 % in 2014. Spain ES: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Spain – Table ES.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Inflation, monthly percent change in the CPI in Spain, May, 2025 The most recent value is -0.09 percent as of May 2025, a decline compared to the previous value of 0.62 percent. Historically, the average for Spain from February 1996 to May 2025 is 0.2 percent. The minimum of -2.46 percent was recorded in January 2016, while the maximum of 3.92 percent was reached in March 2022. | TheGlobalEconomy.com

This dataset is about countries per year in Spain. It has 64 rows. It features 3 columns: country, and inflation.