Inflation in Spain

Spain Inflation | Economic News & Forecasts

Spain - Inflation

Inflation eases in May

According to a preliminary estimate released by the National Statistical Institute (INE) on 30 May, annual inflation eased from 2.1% in April to 1.9% in May. INE will release a complete set of data on 13 June. Detailed data for April showed consumer prices jumping 1.4% over the previous month, which doubled the 0.7% rise recorded in March. The monthly rise was mainly the result of a sharp increase in prices for clothing and footwear as well as for alcoholic beverages and tobacco. The core inflation index, which does not include prices for unprocessed food and energy, added 1.2% over the previous month, up from the 0.5% rise recorded in March. Despite the sharp increase, annual core inflation inched down from 1.2% in March to 1.1% in April, its lowest level in 19 months.

Spain - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.5  -0.2  2.0  1.7  0.7  

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Spain Inflation Chart

Spain Inflation
Note: Annual variation of consumer price index (HICP) in %.
Source: National Statistical Institute (INE).

Spain Facts

Value Change Date
Bond Yield0.465.62 %Dec 31
Exchange Rate1.120.65 %Dec 31

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