The EU-harmonised CPI in Spain decreased 0.1% month-over-month in July 2026, less than market expectations for a 0.2% fall and after a 0.6% rise in June, according to preliminary figures. Harmonised Inflation Rate MoM in Spain averaged 0.22 percent from 1992 until 2026, reaching an all time high of 3.90 percent in March of 2022 and a record low of -2.50 percent in January of 2016. source: National Statistics Institute (INE)



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-15 07:00 AM
Harmonised Inflation Rate MoM Final
Jun 0.6% 0.1% 0.6% 0.6%
2026-07-30 07:00 AM
Harmonised Inflation Rate MoM Prel
Jul -0.1% 0.6% -0.2% -0.1%
2026-08-13 07:00 AM
Harmonised Inflation Rate MoM Final
Jul 0.6% -0.1% -0.1%


Related Last Previous Unit Reference
CPI 103.60 102.95 points Jun 2026
Core Consumer Prices 103.34 102.91 points Jun 2026
Core Inflation Rate YoY 3.00 2.90 percent Jul 2026
CPI Housing Utilities 104.17 99.70 points Jun 2026
CPI Transportation 104.34 105.72 points Jun 2026
Food Inflation 1.90 2.20 percent Jun 2026
Harmonised Consumer Prices 104.00 104.08 points Jul 2026
Harmonised Inflation Rate MoM -0.10 0.60 percent Jul 2026
Harmonised Inflation Rate YoY 3.80 3.60 percent Jul 2026
Inflation Rate YoY 3.50 3.20 percent Jul 2026
Inflation Rate MoM 0.20 0.60 percent Jul 2026
Producer Price Inflation MoM 0.00 1.00 percent Jun 2026
Producer Prices 133.70 133.60 points Jun 2026
PPI YoY 7.00 10.50 percent Jun 2026


Spain Harmonised Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.60 3.90 -2.50 1992 - 2026 percent Monthly
NSA