Cost of food in Spain increased 1.10 percent in December of 2020 over the same month in the previous year. source: National Statistics Institute (INE)

Food Inflation in Spain averaged 2.15 percent from 2003 until 2020, reaching an all time high of 7.20 percent in June of 2008 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 January of 2021.

Food Inflation in Spain is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Spain to stand at 1.70 in 12 months time. In the long-term, the Spain Food Inflation is projected to trend around 1.80 percent in 2022, according to our econometric models.

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Spain Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.30 7.20 -2.75 2003 - 2020 percent Monthly
2011=100

Spain Prices Last Previous Highest Lowest Unit
Inflation Rate -0.50 -0.80 28.43 -1.37 percent [+]
Inflation Rate Mom 0.20 0.20 4.58 -1.90 percent [+]
Consumer Price Index CPI 104.67 104.45 105.30 1.83 points [+]
Harmonised Consumer Prices 104.28 104.12 105.31 53.60 points [+]
Core Consumer Prices 104.12 104.17 104.51 9.42 points [+]
Core Inflation Rate 0.10 0.20 27.10 -0.10 percent [+]
Producer Prices 99.80 99.05 106.30 12.60 points [+]
Producer Prices Change -2.80 -4.10 24.60 -8.80 percent [+]
Export Prices 113.50 112.60 115.10 13.70 points [+]
Import Prices 107.50 106.50 116.80 12.20 points [+]
Food Inflation 1.10 1.30 7.20 -2.75 percent [+]
CPI Housing Utilities 102.76 101.77 108.68 66.03 points [+]
CPI Transportation 105.13 103.62 110.76 71.87 points [+]