On a monthly basis, consumer prices in Spain decreased 0.4% in January 2026, confirming preliminary data. This follows a 0.3% rise in December. Inflation Rate MoM in Spain averaged 0.50 percent from 1954 until 2026, reaching an all time high of 4.58 percent in May of 1976 and a record low of -1.90 percent in January of 2016. source: National Statistics Institute (INE)
Inflation Rate MoM in Spain is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Inflation Rate MoM is projected to trend around 0.30 percent in 2027, according to our econometric models.