Cost of food in Spain increased 10.98 percent in May of 2022 over the same month in the previous year. source: National Statistics Institute (INE)

Food Inflation in Spain averaged 2.25 percent from 2003 until 2022, reaching an all time high of 10.98 percent in May of 2022 and a record low of -2.75 percent in February of 2010. This page provides the latest reported value for - Spain Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Food Inflation - values, historical data and charts - was last updated on July of 2022.

Food Inflation in Spain is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Food Inflation is projected to trend around 0.50 percent in 2023 and 1.80 percent in 2024, according to our econometric models.

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Spain Food Inflation

Related Last Previous Unit Reference
Inflation Rate 10.20 8.70 percent Jun 2022
Inflation Rate Mom 1.80 0.80 percent Jun 2022
Consumer Price Index CPI 110.23 108.26 points Jun 2022
Harmonised Consumer Prices 118.16 116.03 points Jun 2022
Core Inflation Rate 4.90 4.40 percent May 2022
Core Consumer Prices 105.09 104.35 points May 2022
Producer Prices 158.00 157.10 points May 2022
Producer Prices Change 43.60 44.50 percent May 2022
Food Inflation 10.98 10.12 percent May 2022
CPI Transportation 113.64 110.47 points May 2022
CPI Housing Utilities 113.81 114.65 points May 2022