Consumer Price Index CPI in Spain decreased to 118.78 points in July from 118.87 points in June of 2025. Consumer Price Index CPI in Spain averaged 46.38 points from 1954 until 2025, reaching an all time high of 118.87 points in June 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 117.42 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 121.12 points in 2026 and 123.55 points in 2027, 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 118.78 118.87 points Jul 2025
Core Consumer Prices 117.75 117.96 points Jul 2025
Core Inflation Rate YoY 2.40 2.30 percent Aug 2025
CPI Housing Utilities 113.16 112.55 points Jul 2025
CPI Transportation 113.72 112.30 points Jul 2025
Food Inflation 2.70 2.80 percent Jul 2025
Harmonised Consumer Prices 126.88 126.84 points Aug 2025
Inflation Rate YoY 2.70 2.70 percent Aug 2025
Inflation Rate MoM 0.00 -0.10 percent Aug 2025
Producer Prices 125.90 124.90 points Jul 2025
PPI YoY 0.30 0.80 percent Jul 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
118.78 118.87 118.87 1.66 1954 - 2025 points Monthly
2021=100, NSA