Consumer Price Index CPI in Spain increased to 103.90 points in July from 103.60 points in June of 2026. Consumer Price Index CPI in Spain averaged 42.49 points from 1954 until 2026, reaching an all time high of 103.90 points in July of 2026 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 104.06 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 107.87 points in 2027 and 110.13 points in 2028, according to our econometric models.




Components Last Previous Unit Reference
Core Consumer Prices 103.27 103.34 points Jul 2026
CPI Clothing and Footwear 92.65 103.19 points Jul 2026
CPI Education 101.87 101.86 points Jul 2026
CPI Food and Non-Alcoholic Beverages 101.84 102.53 points Jul 2026
CPI Housing Utilities 105.80 104.17 points Jul 2026
CPI Recreation and Culture 105.43 103.10 points Jul 2026
CPI Restaurants and Hotels 105.91 105.62 points Jul 2026
CPI Transportation 106.77 104.34 points Jul 2026

Related Last Previous Unit Reference
CPI 103.90 103.60 points Jul 2026
Core Inflation Rate YoY 2.90 3.00 percent Aug 2026
Food Inflation 1.60 1.90 percent Jul 2026
Harmonised Consumer Prices 104.06 104.08 points Jul 2026
Inflation Rate YoY 4.30 3.60 percent Aug 2026
Inflation Rate MoM 0.70 0.30 percent Aug 2026
Producer Prices 137.70 133.70 points Jul 2026
PPI YoY 9.20 7.00 percent Jul 2026


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
103.90 103.60 103.90 1.66 1954 - 2026 points Monthly
2025=100, NSA