Spain's core inflation rate, which strips out volatile fresh food and energy prices, dropped to 6.1 percent year-on-year from 6.6 percent in the period through April, a preliminary estimate showed. It was the lowest rate since July 2022. source: National Statistics Institute (INE)

Core Inflation Rate in Spain averaged 5.57 percent from 1977 until 2023, 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 June of 2023.

Core Inflation Rate in Spain is expected to be 5.40 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 2.70 percent in 2024 and 2.50 percent in 2025, according to our econometric models.

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Spain Core Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 3.20 4.10 percent May 2023
Inflation Rate MoM -0.10 0.60 percent May 2023
Harmonised Consumer Prices 119.38 119.61 points May 2023
Consumer Price Index CPI 111.69 111.77 points May 2023
Core Inflation Rate 6.10 6.60 percent May 2023
Core Consumer Prices 111.26 110.19 points Apr 2023
Producer Prices 149.50 152.50 points Apr 2023
Producer Prices Change -4.50 -1.40 percent Apr 2023
Food Inflation 12.90 16.50 percent Apr 2023
CPI Transportation 111.16 110.40 points Apr 2023
CPI Housing Utilities 102.23 104.14 points Apr 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
6.10 6.60 27.10 -0.10 1977 - 2023 percent Monthly