Harmonised Inflation Rate YoY in Spain increased to 2.50 percent in February from 2.40 percent in January of 2026. 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 2.70 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-13 08:00 AM
Harmonised Inflation Rate YoY Final
Jan 2.4% 3% 2.5% 2.5%
2026-02-27 08:00 AM
Harmonised Inflation Rate YoY Prel
Feb 2.5% 2.4% 2.3% 2.3%
2026-03-13 08:00 AM
Harmonised Inflation Rate YoY Final
Feb 2.4% 2.5% 2.5%


Related Last Previous Unit Reference
CPI 100.84 101.29 points Jan 2026
Core Consumer Prices 100.71 101.32 points Jan 2026
Core Inflation Rate YoY 2.70 2.60 percent Feb 2026
CPI Housing Utilities 102.71 101.78 points Jan 2026
CPI Transportation 99.63 100.71 points Jan 2026
Food Inflation 3.00 3.00 percent Jan 2026
Harmonised Consumer Prices 100.97 100.53 points Feb 2026
Harmonised Inflation Rate MoM 0.40 -0.80 percent Feb 2026
Harmonised Inflation Rate YoY 2.50 2.40 percent Feb 2026
Inflation Rate YoY 2.30 2.30 percent Feb 2026
Inflation Rate MoM 0.40 -0.40 percent Feb 2026
Producer Price Inflation MoM 0.50 0.40 percent Jan 2026
Producer Prices 125.90 125.20 points Jan 2026
PPI YoY -2.90 -3.00 percent Jan 2026


Spain Harmonised Inflation Rate YoY
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.
Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.40 10.70 -1.50 1993 - 2026 percent Monthly
NSA