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Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in the prior month and below the expected 3.4%, according to preliminary data. The moderation in overall inflation was primarily attributable to a more pronounced decline in electricity prices and a less marked increase in package holiday prices than in April 2025. This was partly offset by rising fuel and lubricant prices for personal vehicles. The core inflation rate, which excludes volatile components like food and energy, edged down to 2.8% from 2.9% in the previous month.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in the prior month, coming below the expected 3.4%, according to preliminary data. The moderation in overall inflation was primarily attributable to a more pronounced decline in electricity prices and a less marked increase in package holiday prices than in April 2025. This was partly offset by rising fuel and lubricant prices for personal vehicles resulting from the conflict in the Middle East. The core inflation rate, which excludes volatile components like food and energy, edged down to 2.8% from 2.9% in the previous month. On a harmonised EU basis, the annual inflation rate quickened to 3.5% in April 2026, the highest since June 2024, from 3.4% in the previous month. On a monthly basis, consumer prices went up 0.4% after a 1.2% rise in March, below expectations of a 0.6% increase, while the harmonised index rose 0.7%, above the expected 0.6%.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in March which was the highest level since June 2024, coming in below forecasts of 3.4%, according to preliminary data. The slowdown was driven by a sharper decline in electricity prices, partly reflecting government measures to cushion the impact of the Iran war, alongside a more moderate increase in package holiday prices compared with April 2025. On the other hand, fuel and lubricant prices for personal vehicles continued to rise amid the conflict in the Middle East. Core inflation, which excludes volatile items such as food and energy, edged down to 2.8% from 2.9%. By contrast, the EU-harmonised annual rate accelerated to 3.5%, a new high since June 2024, up from 3.4% in March and in line with expectations. On a monthly basis, consumer prices rose 0.4%, slowing from 1.2% in March and below forecasts of 0.6%, while the harmonised index increased 0.7%, slightly above expectations of 0.6%, after a 1.7% rise in March.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in the prior month, coming below the expected 3.4%, according to preliminary data. The moderation in overall inflation was primarily attributable to a more pronounced decline in electricity prices and a less marked increase in package holiday prices than in April 2025. This was partly offset by rising fuel and lubricant prices for personal vehicles. The core inflation rate, which excludes volatile components like food and energy, edged down to 2.8% from 2.9% in the previous month.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in the prior month, coming below the expected 3.4%, according to preliminary data. The moderation in overall inflation was primarily attributable to a more pronounced decline in electricity prices and a less marked increase in package holiday prices than in April 2025. This was partly offset by rising fuel and lubricant prices for personal vehicles resulting from the conflict in the Middle East. The core inflation rate, which excludes volatile components like food and energy, edged down to 2.8% from 2.9% in the previous month. On a harmonised EU basis, the annual inflation rate quickened to 3.5% in April 2026, the highest since June 2024, from 3.4% in the previous month. On a monthly basis, consumer prices went up 0.4% after a 1.2% rise in March, below expectations of a 0.6% increase, while the harmonised index rose 0.7%, above the expected 0.6%.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in the prior month, while analysts had expected it to remain steady at 3.4%, according to preliminary data. The moderation in overall inflation was primarily attributable to a more pronounced decline in electricity prices and a less marked increase in package holiday prices than in April 2025. This was partly offset by rising fuel and lubricant prices for personal vehicles. The core inflation rate, which excludes volatile components like food and energy, edged down to 2.8% from 2.9% in the previous month.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in the prior month, coming below the expected 3.4%, according to preliminary data. The moderation in overall inflation was primarily attributable to a more pronounced decline in electricity prices and a less marked increase in package holiday prices than in April 2025. This was partly offset by rising fuel and lubricant prices for personal vehicles resulting from the conflict in the Middle East. The core inflation rate, which excludes volatile components like food and energy, edged down to 2.8% from 2.9% in the previous month. On a harmonised EU basis, the annual inflation rate quickened to 3.5% in April 2026, the highest since June 2024, from 3.4% in the previous month.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in March which was the highest level since June 2024, coming in below forecasts of 3.4%, according to preliminary data. The slowdown was driven by a sharper decline in electricity prices and a more moderate increase in package holiday costs compared with April 2025, partly offset by rising fuel and lubricant prices for personal vehicles amid the conflict in the Middle East. Core inflation, which excludes volatile items such as food and energy, edged down to 2.8% from 2.9%. By contrast, the EU-harmonised annual rate accelerated to 3.5%, a new high since June 2024, up from 3.4% in March and in line with expectations. On a monthly basis, consumer prices rose 0.4%, slowing from 1.2% in March and below forecasts of 0.6%, while the harmonised index increased 0.7%, slightly above expectations of 0.6%, after a 1.7% rise in March.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in the prior month, according to preliminary data. The moderation in overall inflation was primarily attributable to a more pronounced decline in electricity prices and a less marked increase in package holiday prices than in April 2025. This was partly offset by rising fuel and lubricant prices for personal vehicles. The core inflation rate, which excludes volatile components like food and energy, edged down to 2.8% from 2.9% in the previous month.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in the prior month, coming below the expected 3.4%, according to preliminary data. The moderation in overall inflation was primarily attributable to a more pronounced decline in electricity prices and a less marked increase in package holiday prices than in April 2025. This was partly offset by rising fuel and lubricant prices for personal vehicles resulting from the conflict in the Middle East. The core inflation rate, which excludes volatile components like food and energy, edged down to 2.8% from 2.9% in the previous month.
Published on 2026-04-29

Spain Inflation Rate Unexpectedly Slows to 3.2%
Spain’s annual inflation rate eased to 3.2% in April 2026 from 3.4% in March which was the highest level since June 2024, coming in below forecasts of 3.4%, according to preliminary data. The slowdown was driven by a sharper decline in electricity prices and a more moderate increase in package holiday costs compared with April 2025, partly offset by rising fuel and lubricant prices for personal vehicles amid the conflict in the Middle East. Core inflation, which excludes volatile items such as food and energy, edged down to 2.8% from 2.9%. By contrast, the EU-harmonised annual rate accelerated to 3.5%, a new high since June 2024, up from 3.4% in March and in line with expectations. On a monthly basis, consumer prices rose 0.4%, slowing from 1.2% in March and below forecasts of 0.6%, while the harmonised index increased 0.7%, slightly above expectations of 0.6%.
Published on 2026-04-29

Spain March Inflation Rate Revised Slightly Up to 3.4%
Spain’s annual inflation rate was revised to 3.4% in March 2026, from an initial estimate of 3.3%, marking a sharp increase from 2.3% in February and the highest level since June 2024. The acceleration was largely driven by rising energy prices linked to the ongoing Iran conflict, which pushed transport costs up to 5.3% (from 0.1% in February). Additional upward pressure came mostly from housing & utilities (3.7% vs 1.9%) and clothing & footwear (2.6% vs -1.3%). Meanwhile, the annual core inflation rate was at 2.9%, slightly higher than the preliminary estimate of 2.7%, marking the highest reading since June 2024. On a monthly basis, the CPI rose by 1.2%, exceeding the initial estimate of 1%, marking the steepest increase since June 2022.
Published on 2026-04-14

Spain March Inflation Rate Revised Slightly Up to 3.4%
Spain’s annual inflation rate was revised to 3.4% in March 2026, from an initial estimate of 3.3%, marking a sharp increase from 2.3% in February and the highest level since June 2024. The acceleration was largely by higher energy prices linked to the Iran conflict, lifting transport costs to 5.3% (vs 0.1%). Fuel prices rebounded sharply, with diesel rising 17.9% (vs -4.7%) and petrol 4.8% (vs -6.1%). Additional pressure came from housing and utilities (3.7% vs 1.9%), particularly electricity and liquid fuels, as well as clothing and footwear, due to the start of the spring-summer season. Meanwhile, the core inflation rate was at 2.9%, slightly higher than the preliminary estimate of 2.7%, marking the highest reading since June 2024. On a monthly basis, the CPI rose by 1.2%, exceeding the initial estimate of 1%, marking the steepest increase since June 2022. Meanwhile, the EU-harmonized CPI rose by 3.4% yoy; and increased by 1.7% over a month, both surpassing the earlier estimates.
Published on 2026-04-14

Spain March Inflation Rate Revised Slightly Up to 3.4%
Spain’s annual inflation rate was revised to 3.4% in March 2026, from an initial estimate of 3.3%, marking a sharp increase from 2.3% in February and the highest level since June 2024. The acceleration was largely by higher energy prices linked to the Iran conflict, lifting transport costs to 5.3% (vs 0.1%). Fuel prices rebounded sharply, with diesel rising 17.9% (vs -4.7%) and petrol 4.8% (vs -6.1%). Additional pressure came from housing and utilities (3.7% vs 1.9%), particularly electricity and liquid fuels, as well as clothing and footwear, due to the start of the spring-summer season. Meanwhile, the core inflation rate was at 2.9%, slightly higher than the preliminary estimate of 2.7%, marking the highest reading since June 2024. On a monthly basis, the CPI rose by 1.2%, exceeding the initial estimate of 1%, marking the steepest increase since June 2022. Meanwhile, the EU-harmonized CPI rose by 3.4% yoy; and increased by 1.7% over a month, both surpassing the earlier estimates.
Published on 2026-04-14

Spain March Inflation Rate Revised Slightly Up to 3.4%
Spain’s annual inflation rate was revised to 3.4% in March 2026, from an initial estimate of 3.3%, marking a sharp increase from 2.3% in February and the highest level since June 2024. The acceleration was largely driven by rising energy prices linked to the ongoing Iran conflict, which pushed transport costs up to 5.3% (from 0.1% in February). Additional upward pressure came from housing & utilities (3.7% vs 1.9%) and clothing & footwear (2.6% vs -1.3%). Meanwhile, the annual core inflation rate was at 2.9%, slightly higher than the preliminary estimate of 2.7%, marking the highest reading since June 2024. On a monthly basis, the CPI rose by 1.2%, exceeding the initial estimate of 1%, marking the steepest increase since June 2022.
Published on 2026-04-14

Spain March Inflation Rate Revised Slightly Up to 3.4%
Spain’s annual inflation rate was revised to 3.4% in March 2026, from an initial estimate of 3.3%, marking a sharp increase from 2.3% in February and the highest level since June 2024. The acceleration was largely driven by rising energy prices linked to the ongoing Iran conflict, which pushed transport costs up to 5.3% (from 0.1% in February). Additional upward pressure came mostly from housing & utilities (3.7% vs 1.9%), of which electricity (4.3% vs 0.3%), and clothing & footwear (2.6% vs -1.3%), due to the start of the spring-summer season. Meanwhile, the annual core inflation rate was at 2.9%, slightly higher than the preliminary estimate of 2.7%, marking the highest reading since June 2024. On a monthly basis, the CPI rose by 1.2%, exceeding the initial estimate of 1%, marking the steepest increase since June 2022.
Published on 2026-04-14

Spain March Inflation Rate Revised Slightly Up to 3.4%
Spain’s annual inflation rate was revised up to 3.4% in March 2026, from an initial estimate of 3.3%, marking a sharp increase from 2.3% in February and the highest level since June 2024. The acceleration was largely driven by rising energy prices linked to the ongoing Iran conflict, which pushed transport costs up to 5.3% (from 0.1% in February). Additional upward pressure came from housing & utilities (3.7% vs 1.9%) and clothing & footwear (2.6% vs -1.3%). Meanwhile, the annual core inflation rate was at 2.9%, slightly higher than the preliminary estimate of 2.7%, marking the highest reading since June 2024. On a monthly basis, the CPI rose by 1.2%, exceeding the initial estimate of 1%, marking the steepest increase since June 2022.
Published on 2026-04-14

Spain March Inflation Rate Revised Slightly Up to 3.4%
Spain’s annual inflation rate was revised to 3.4% in March 2026, from an initial estimate of 3.3%, marking a sharp increase from 2.3% in February and the highest level since June 2024. The acceleration was largely driven by rising energy prices linked to the ongoing Iran conflict, which pushed transport costs up to 5.3% (from 0.1% in February). Additional upward pressure came mostly from housing & utilities (3.7% vs 1.9%), of which electricity (4.3% vs 0.3%), and clothing & footwear (2.6% vs -1.3%), due to the start of the spring-summer season. Meanwhile, the annual core inflation rate was at 2.9%, slightly higher than the preliminary estimate of 2.7%, marking the highest reading since June 2024. On a monthly basis, the CPI rose by 1.2%, exceeding the initial estimate of 1%, marking the steepest increase since June 2022.
Published on 2026-04-14

Spain Inflation Rate Surges to Nearly 2-Year High
Spain’s annual inflation rate jumped to 3.3% in March 2026, its highest since June 2024, compared to 2.3% in February and expectations of 3.7%, according to preliminary data. The increase was largely driven by higher prices for fuels and lubricants for personal vehicles, reflecting the impact of the war with Iran. Electricity prices also contributed, as their decline was smaller than a year earlier, while heating oil prices rose after falling in March 2025. Core inflation, which excludes food and energy, stood at 2.7%. On a harmonised EU basis, annual inflation rose to 3.3% from 2.5%, below forecasts of 3.9%. On a monthly basis, consumer prices increased 1% after a 0.4% rise in February, missing expectations of a 1.2% gain, while the harmonised index rose 1.5% following a 0.4% increase.
Published on 2026-03-27

Spain Inflation Rate Confirmed Steady at 2.3% in February
Spain’s annual inflation rate stood at a seven-month low of 2.3% in February 2026, matching the preliminary estimate and unchanged from January. Slower price growth in housing and utilities (1.9% vs 2.7% in January), on account of electricity prices (0.3% vs 3.7%), helped offset upward pressure from food and non-alcoholic beverages (3.2% vs 3%), restaurants and hotels (4.8% vs 4.5%), and transportation (0.1% vs -0.1%). The core inflation rate, which excludes volatile components like food and energy, inched up to 2.7% in February, the highest since August 2024, from 2.6% previously. Considering the EU-harmonised, the CPI rose by 2.5% on the year, after a 2.4% increase in January, in line with the earlier estimate. Monthly, the CPI rose by 0.4% after a 0.4% decrease in January; and the EU-harmonised index went up by 0.4%, following a previous 0.8% decline, both matching preliminary estimates.
Published on 2026-03-13