Annual core inflation rate in Spain, which strips out volatile food and energy prices, was 2.1% in December of 2021, the steepest since May of 2013, and compared to a reading of 1.7% a month earlier. source: National Statistics Institute (INE)

Core Inflation Rate in Spain averaged 5.57 percent from 1977 until 2021, reaching an all time high of 27.10 percent in September of 1977 and a record low of -0.10 percent in April of 2010. This page provides - Spain Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Core Inflation Rate - values, historical data and charts - was last updated on January of 2022.

Core Inflation Rate in Spain is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Core Inflation Rate is projected to trend around 1.50 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

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Spain Core Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 6.50 5.50 percent Dec/21
Inflation Rate Mom 1.20 0.30 percent Dec/21
Harmonised Consumer Prices 111.13 109.87 points Dec/21
Consumer Price Index CPI 111.66 110.21 points Dec/21
Core Consumer Prices 106.26 105.96 points Dec/21
Core Inflation Rate 2.10 1.70 percent Dec/21
Producer Prices 133.00 130.50 points Nov/21
Producer Prices Change 33.10 32.00 percent Nov/21
Food Inflation 5.00 3.30 percent Dec/21
CPI Transportation 116.58 117.66 points Dec/21
CPI Housing Utilities 126.68 118.91 points Dec/21
Spain Core Inflation Rate
In Spain, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.