Harmonised Consumer Prices in Spain decreased to 100.59 points in January from 101.29 points in December of 2025. Harmonised Consumer Prices in Spain averaged 73.43 points from 1996 until 2026, reaching an all time high of 101.29 points in December of 2025 and a record low of 50.50 points in January of 1996. source: EUROSTAT

Harmonised Consumer Prices in Spain is expected to be 101.80 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 105.49 points in 2027 and 107.60 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
CPI 100.84 101.29 points Jan 2026
Core Consumer Prices 100.71 101.32 points Jan 2026
Core Inflation Rate YoY 2.60 2.60 percent Jan 2026
CPI Housing Utilities 102.71 101.78 points Jan 2026
CPI Transportation 99.63 100.71 points Jan 2026
Food Inflation 3.00 3.00 percent Jan 2026
Harmonised Consumer Prices 100.59 101.29 points Jan 2026
Inflation Rate YoY 2.30 2.90 percent Jan 2026
Inflation Rate MoM -0.40 0.30 percent Jan 2026
Producer Prices 125.20 124.80 points Dec 2025
PPI YoY -3.00 -2.50 percent Dec 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
100.59 101.29 101.29 50.50 1996 - 2026 points Monthly
2025=100, NSA