The EU-harmonised CPI in Spain jumped 1.5% month-over-month in March 2026, the biggest surge since June 2022, compared to 0.4% in February and forecasts of 2.1%, preliminary estimates showed. Harmonised Inflation Rate MoM in Spain averaged 0.22 percent from 1992 until 2026, reaching an all time high of 3.90 percent in March of 2022 and a record low of -2.50 percent in January of 2016. source: National Statistics Institute (INE)



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-13 08:00 AM
Harmonised Inflation Rate MoM Final
Feb 0.4% -0.8% 0.4% 0.4%
2026-03-27 08:00 AM
Harmonised Inflation Rate MoM Prel
Mar 1.5% 0.4% 2.1% 2.0%
2026-04-14 07:00 AM
Harmonised Inflation Rate MoM Final
Mar 0.4% 1.5% 1.5%


Related Last Previous Unit Reference
CPI 101.26 100.84 points Feb 2026
Core Consumer Prices 101.10 100.71 points Feb 2026
Core Inflation Rate YoY 2.70 2.70 percent Mar 2026
CPI Housing Utilities 102.37 102.71 points Feb 2026
CPI Transportation 100.42 99.63 points Feb 2026
Food Inflation 3.20 3.00 percent Feb 2026
Harmonised Consumer Prices 102.51 100.96 points Mar 2026
Harmonised Inflation Rate MoM 1.50 0.40 percent Mar 2026
Harmonised Inflation Rate YoY 3.30 2.50 percent Mar 2026
Inflation Rate YoY 3.30 2.30 percent Mar 2026
Inflation Rate MoM 1.00 0.40 percent Mar 2026
Producer Price Inflation MoM -3.10 0.50 percent Feb 2026
Producer Prices 122.00 125.90 points Feb 2026
PPI YoY -7.00 -2.80 percent Feb 2026


Spain Harmonised Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
1.50 0.40 3.90 -2.50 1992 - 2026 percent Monthly
NSA