Cost of food in Spain increased 3 percent in January of 2026 over the same month in the previous year. Food Inflation in Spain averaged 3.10 percent from 2002 until 2026, reaching an all time high of 16.60 percent in February of 2023 and a record low of -2.70 percent in February of 2010. source: National Statistics Institute (INE)
Food Inflation in Spain is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Food Inflation is projected to trend around 1.90 percent in 2027, according to our econometric models.