Inflation in Spain (CPI) Current and historic Spanish inflation (consumer price index)
This page shows the current and historic inflation figures for Spain based on the consumer price index (CPI).
|
Month
|
Inflation rate
|
|---|---|
|
August 2023
|
2.62 %
|
|
July 2023
|
2.33 %
|
|
June 2023
|
1.89 %
|
|
May 2023
|
3.19 %
|
|
April 2023
|
4.10 %
|
|
March 2023
|
3.30 %
|
|
February 2023
|
6.03 %
|
|
January 2023
|
5.89 %
|
|
December 2022
|
5.71 %
|
|
November 2022
|
6.81 %
|
|
October 2022
|
7.26 %
|
|
September 2022
|
8.87 %
|
|
Month
|
Inflation rate
|
|---|---|
|
August 2023
|
0.54 %
|
|
July 2023
|
0.17 %
|
|
June 2023
|
0.57 %
|
|
May 2023
|
-0.05 %
|
|
April 2023
|
0.60 %
|
|
March 2023
|
0.37 %
|
|
February 2023
|
0.94 %
|
|
January 2023
|
-0.21 %
|
|
December 2022
|
0.15 %
|
|
November 2022
|
-0.12 %
|
|
October 2022
|
0.34 %
|
|
September 2022
|
-0.70 %
|
Chart - historical CPI inflation Spain
Historical Inflation ratesOur content is based on reliable sources. However, we do not accept liability for any errors. The content of this website is for informational purposes only and is not intended as financial advice. Decisions you make based on the information we display are always at your own expense and risk.
What is the Spanish inflation based on CPI?
When we talk about the rate of inflation in Spain, this often refers to the rate of inflation based on the consumer price index, or CPI for short. The Spanish CPI shows the change in prices of a standard package of goods and services which Spanish households purchase for consumption.
In order to measure Spanish inflation, an assessment is made of how much the Spanish CPI has risen in percentage terms over a give period compared to the CPI in Spain in a preceding period. If prices have fallen this is called deflation (negative inflation).