The annual core inflation rate in Spain, which excludes volatile items such as unprocessed food and energy products, rose to 1 percent in September of 2021, from 0.7 percent in the prior month. That was the highest rate since June of 2020. source: National Statistics Institute (INE)

Core Inflation Rate in Spain averaged 5.59 percent from 1977 until 2021, reaching an all time high of 27.10 percent in September of 1977 and a record low of -0.10 percent in April of 2010. This page provides - Spain Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Core Inflation Rate - values, historical data and charts - was last updated on October of 2021.

Core Inflation Rate in Spain is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Core Inflation Rate is projected to trend around 1.50 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

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Spain Core Inflation Rate


Spain Last Unit Reference Previous Highest Lowest
Inflation Rate 4.00 percent Sep/21 3.30 28.43 -1.37
Inflation Rate Mom 0.80 percent Sep/21 0.50 4.58 -1.90
Harmonised Consumer Prices 107.87 points Sep/21 106.65 107.87 53.60
Consumer Price Index CPI 107.89 points Sep/21 107.00 107.89 1.83
Core Consumer Prices 104.33 points Sep/21 103.97 104.73 9.42
Core Inflation Rate 1.00 percent Sep/21 0.70 27.10 -0.10
Producer Prices 116.90 points Aug/21 114.70 116.90 12.60
Producer Prices Change 18.00 percent Aug/21 15.60 24.60 -8.80
Food Inflation 1.80 percent Sep/21 1.90 7.20 -2.75
CPI Transportation 114.27 points Sep/21 113.74 114.27 71.87
CPI Housing Utilities 116.69 points Sep/21 112.71 116.69 66.03


Spain Core Inflation Rate
In Spain, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.