Consumer Price Index CPI in Spain increased to 119.94 points in December from 119.53 points in November of 2025. Consumer Price Index CPI in Spain averaged 46.80 points from 1954 until 2025, reaching an all time high of 119.94 points in December of 2025 and a record low of 1.66 points in August of 1954. source: National Statistics Institute (INE)

Consumer Price Index CPI in Spain is expected to be 120.31 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Consumer Price Index (CPI) is projected to trend around 124.91 points in 2027 and 127.41 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-02-15 08:00 AM
CPI
Jan 113.404 113.3 113
2024-03-14 08:00 AM
CPI
Feb 113.8 113.4 114.2


Related Last Previous Unit Reference
CPI 119.94 119.53 points Dec 2025
Core Consumer Prices 118.98 118.50 points Dec 2025
Core Inflation Rate YoY 2.60 2.60 percent Jan 2026
CPI Housing Utilities 115.10 114.44 points Dec 2025
CPI Transportation 113.88 114.02 points Dec 2025
Food Inflation 3.00 2.80 percent Dec 2025
Harmonised Consumer Prices 100.59 101.29 points Jan 2026
Inflation Rate YoY 2.40 2.90 percent Jan 2026
Inflation Rate MoM -0.40 0.30 percent Jan 2026
Producer Prices 125.20 124.80 points Dec 2025
PPI YoY -3.00 -2.50 percent Dec 2025


Spain Consumer Price Index (CPI)
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.
Actual Previous Highest Lowest Dates Unit Frequency
119.94 119.53 119.94 1.66 1954 - 2025 points Monthly
2021=100, NSA