Harmonised Consumer Prices in Spain increased to 126.88 points in August from 126.84 points in July of 2025. Harmonised Consumer Prices in Spain averaged 88.48 points from 1992 until 2025, reaching an all time high of 127.20 points in June of 2025 and a record low of 53.60 points in January of 1992. source: National Statistics Institute (INE)

Harmonised Consumer Prices in Spain is expected to be 126.01 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Harmonised Consumer Prices is projected to trend around 129.39 points in 2026 and 131.98 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
CPI 118.78 118.87 points Jul 2025
Core Consumer Prices 117.75 117.96 points Jul 2025
Core Inflation Rate YoY 2.40 2.30 percent Aug 2025
CPI Housing Utilities 113.16 112.55 points Jul 2025
CPI Transportation 113.72 112.30 points Jul 2025
Food Inflation 2.70 2.80 percent Jul 2025
Harmonised Consumer Prices 126.88 126.84 points Aug 2025
Inflation Rate YoY 2.70 2.70 percent Aug 2025
Inflation Rate MoM 0.00 -0.10 percent Aug 2025
Producer Prices 125.90 124.90 points Jul 2025
PPI YoY 0.30 0.80 percent Jul 2025



Spain Harmonised Consumer Prices
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.
Actual Previous Highest Lowest Dates Unit Frequency
126.88 126.84 127.20 53.60 1992 - 2025 points Monthly
2015=100, NSA