The EU-harmonised annual inflation rate in Spain edged up to 2.5% in February 2026 from 2.4% in January, in line with preliminary estimates. Harmonised Inflation Rate YoY in Spain averaged 2.59 percent from 1993 until 2026, reaching an all time high of 10.70 percent in July of 2022 and a record low of -1.50 percent in January of 2015. source: National Statistics Institute (INE)
Harmonised Inflation Rate YoY in Spain is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Harmonised Inflation Rate YoY is projected to trend around 2.20 percent in 2027 and 2.00 percent in 2028, according to our econometric models.