Spain Inflation Rate Unrevised at 4.9% in October

2026-11-13 08:21 By Luisa Carvalho 1 min. read

The annual inflation rate in Spain was confirmed at 4.9% in October 2026, unchanged from September at its highest level since February 2023.

Recreation & culture (4.1% vs 3.6% in September) and housing & utilities (7.6% vs 7.2%) exerted upward pressure, driven by package holidays and higher gas costs.

Conversely, slower increases in prices of food & non-alcoholic beverages (2.4% vs 2.7%) and clothing & footwear (1.8% vs 2.1%) helped temper the overall increase.

Transportation inflation also eased to 10.3% from 10.5%, partly reflecting extended government discounts on diesel and gasoline.

Meanwhile, core inflation, excluding unprocessed food and energy products, stood at 3.1%, the highest level since March 2024, unchanged from September.

Compared to the prior month, the CPI increased 0.6%, after a 0.3% rise in September, in line with earlier estimates.

The EU-harmonised CPI rose 4.9% on the year and 0.5% on the month, below 5% and 0.6% in September, both matching preliminary figures.



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Spain Inflation Rate Unrevised at 4.9% in October
The annual inflation rate in Spain was confirmed at 4.9% in October 2026, unchanged from September at its highest level since February 2023. Recreation & culture (4.1% vs 3.6% in September) and housing & utilities (7.6% vs 7.2%) exerted upward pressure, driven by package holidays and higher gas costs. Conversely, slower increases in prices of food & non-alcoholic beverages (2.4% vs 2.7%) and clothing & footwear (1.8% vs 2.1%) helped temper the overall increase. Transportation inflation also eased to 10.3% from 10.5%, partly reflecting extended government discounts on diesel and gasoline. Meanwhile, core inflation, excluding unprocessed food and energy products, stood at 3.1%, the highest level since March 2024, unchanged from September. Compared to the prior month, the CPI increased 0.6%, after a 0.3% rise in September, in line with earlier estimates. The EU-harmonised CPI rose 4.9% on the year and 0.5% on the month, below 5% and 0.6% in September, both matching preliminary figures.
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