Harmonised Inflation Rate YoY in Spain remained unchanged at 2.70 percent in August. Harmonised Inflation Rate YoY in Spain averaged 2.59 percent from 1993 until 2025, reaching an all time high of 10.70 percent in July of 2022 and a record low of -1.50 percent in January of 2015. source: National Statistics Institute (INE)

Harmonised Inflation Rate YoY in Spain is expected to be 2.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Harmonised Inflation Rate YoY is projected to trend around 1.90 percent in 2026 and 2.00 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-13 07:00 AM
Harmonised Inflation Rate YoY Final
Jul 2.7% 2.3% 2.7% 2.7%
2025-08-29 07:00 AM
Harmonised Inflation Rate YoY Prel
Aug 2.7% 2.7% 2.7% 2.8%
2025-09-12 07:00 AM
Harmonised Inflation Rate YoY Final
Aug 2.7% 2.7% 2.7%


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
Harmonised Inflation Rate MoM 0.00 -0.30 percent Aug 2025
Harmonised Inflation Rate YoY 2.70 2.70 percent Aug 2025
Inflation Rate YoY 2.70 2.70 percent Aug 2025
Inflation Rate MoM 0.00 -0.10 percent Aug 2025
Producer Price Inflation MoM 0.80 3.30 percent Jul 2025
Producer Prices 125.90 124.90 points Jul 2025
PPI YoY 0.30 0.80 percent Jul 2025

Spain Harmonised Inflation Rate YoY
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
2.70 2.70 10.70 -1.50 1993 - 2025 percent Monthly
NSA