Spain Inflation Rate  1955-2018 | Data | Chart | Calendar | Forecast

Spain's annual inflation increased to 2.3 percent in June 2018, matching the preliminary estimate and compared to 2.1 percent in May. It remained at its highest level since April 2017, mainly due to rising prices of transport, food and housing & utilities. Inflation Rate in Spain averaged 6.73 percent from 1955 until 2018, reaching an all time high of 28.43 percent in August of 1977 and a record low of -1.37 percent in July of 2009.

Spain Inflation Rate
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Spain Inflation Rate Confirmed at 14-Month High in June


Spain's annual inflation increased to 2.3 percent in June 2018, matching the preliminary estimate and compared to 2.1 percent in May. It remained at its highest level since April 2017.

Year-on-year, inflation quickened for transport (6.1 percent vs 5.1 percent in May), namely fuels (11.9 percent vs 9.2 percent); food & non-alcoholic beverages (2.5 percent vs 2 percent), of which fresh fruit (14.1 percent vs 6.9 percent); fresh vegetables (6.0 percent vs 2.9 percent) and eggs (6.1 percent vs 5.9 percent) and housing & utilities (2.6 percent vs 2.3 percent). Meanwhile, prices softened for restaurants & hotels (1.7 percent vs 2 percent); recreation & culture (0.6 percent vs 0.8 percent); clothing & footwear (0.9 percent vs 1.0 percent) and communications (2.2 percent vs 2.4 percent). Also, inflation was steady for miscellaneous goods & services (0.9 percent); education (0.7 percent); health (0.2 percent) and furnishings (0.1 percent).

Annual core inflation, which excludes volatile items such as food and energy, eased slightly to 1.0 percent in June from 1.1 percent in the previous month.

On a monthly basis, consumer prices went up 0.3 percent, in line with a preliminary figure and compared to a 0.9 percent rise in May. Main positive contributions came from prices of fruit (6.3 percent), tourist packages (5.3 percent), electricity (1.5 percent), lubricants (0.8 percent), rents (2.2 percent) and fuels (4.0 percent). 

The harmonized index of consumer prices advanced 2.3 percent from the previous year (2.1 percent in May) and 0.2 percent month-over-month (0.9 percent in May).


INE | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
7/13/2018 8:06:43 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-06-13 07:00 AM Inflation Rate YoY Final 2.1% 1.1% 2% 2%
2018-06-28 07:00 AM Inflation Rate YoY Prel 2.3% 2.1% 2.2% 1.9%
2018-07-13 07:00 AM Inflation Rate YoY Final 2.3% 2.1% 2.3% 2.3%
2018-07-30 07:00 AM Inflation Rate YoY Prel 2.3% 2.2%
2018-08-14 07:00 AM Inflation Rate YoY Final
2018-08-30 07:00 AM Inflation Rate YoY Prel 2.1%


Spain Prices Last Previous Highest Lowest Unit
Inflation Rate 2.30 2.10 28.43 -1.37 percent [+]
Inflation Rate Mom 0.30 0.90 4.58 -1.90 percent [+]
Harmonised Consumer Prices 104.57 104.32 104.57 53.60 Index Points [+]
Consumer Price Index CPI 104.40 104.10 104.40 1.83 Index Points [+]
Core Consumer Prices 102.61 102.55 102.61 9.42 Index Points [+]
Core Inflation Rate 1.00 1.10 27.10 -0.10 percent [+]
Producer Prices 103.40 102.20 104.60 12.60 Index Points [+]
Producer Prices Change 2.90 1.80 24.60 -6.70 percent [+]
Export Prices 110.00 111.90 113.40 13.70 Index Points [+]
Import Prices 108.20 108.40 116.80 12.20 Index Points [+]
Food Inflation 2.50 2.00 7.20 -2.75 percent [+]
CPI Housing Utilities 105.78 105.22 107.89 66.03 Index Points [+]
CPI Transportation 109.15 108.76 110.76 71.87 Index Points [+]


Spain Inflation Rate

In Spain, the most important categories in the consumer price index are food and non-alcoholic beverages (20 percent of the total weight), transport (15 percent), housing and utilities (13 percent) and hotels, cafés and restaurants (12 percent). The index also includes: Recreation and culture (9 percent); miscellaneous goods and services (7 percent); and clothing and footwear (7 percent). Furnishings, household equipment and routine maintenance of the house; health; communications; alcoholic beverages and tobacco; and education account for the remaining 18 percent of total weight. This page provides the latest reported value for - Spain Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.10 28.43 -1.37 1955 - 2018 percent Monthly
2011=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 4.39 Jun/18
Canada 2.20 May/18
China 1.90 Jun/18
Euro Area 2.00 Jun/18
France 2.00 Jun/18
Germany 2.10 Jun/18
India 5.00 Jun/18
Indonesia 3.12 Jun/18
Italy 1.30 Jun/18
Japan 0.70 May/18
Mexico 4.65 Jun/18
Netherlands 1.70 Jun/18
Russia 2.30 Jun/18
South Korea 1.50 Jun/18
Spain 2.30 Jun/18
Switzerland 1.10 Jun/18
Turkey 15.39 Jun/18
United Kingdom 2.40 Jun/18
United States 2.90 Jun/18


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