Legend
- High Impact Expected
- Med Impact Expected
- Low Impact Expected
- Non-Economic
Revision
- Green NumberBetter than forecast -or- revised better
- Red NumberWorse than forecast -or- revised worse
- m/mMonth Over Month
- q/qQuarter Over Quarter
- y/yYear Over Year
- K Thousand
- M Million
- B Billion
- T Trillion
SP Flash CPI y/y
Consumer prices account for a majority of overall inflation. Inflation is important because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate;
There are 2 versions of this report released about two weeks apart - Flash and Final. The Flash release, which the source first reported in Mar 2011, is the earliest and thus tends to have the most impact. The Final is not reported for lack of significance;
- SP Flash CPI y/y Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| Jun 29, 2026 | 3.2% | 3.2% | 3.2% |
| May 29, 2026 | 3.2% | 3.3% | 3.2% |
| Apr 29, 2026 | 3.2% | 3.5% | 3.3% |
| Mar 27, 2026 | 3.3% | 3.6% | 2.3% |
| Feb 27, 2026 | 2.3% | 2.2% |
2.3% |
| Jan 30, 2026 | 2.4% | 2.4% | 2.9% |
| Dec 30, 2025 | 2.9% | 2.8% | 3.0% |
| Nov 28, 2025 | 3.0% | 3.0% | 3.1% |
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- SP Flash CPI y/y News
From ine.es|Jun 29, 2026|1 commentThe estimated annual inflation rate for the Consumer Price Index (CPI) in June 2026 is 3.2%, according to the preliminary indicator published by the Spanish National Statistics Institute (INE). This indicator provides an advance estimate of the CPI, which, if confirmed, would mean that the annual rate remains stable, as this variation was also 3.2% in May. This trend is largely driven by the upward influence of electricity and gas prices, which are rising more than in June 2025. Meanwhile, fuels and lubricants for personal vehicles ...
From ine.es|May 29, 2026According to the flash estimate issued by the INE, the annual inflation of the CPI in May 2026 is 3.2%. This indicator provides an advance in the CPI which, if confirmed, would mean that the annual rate remains stable, as this variation was also 3.4% in April. A notable factor in this trend is the upward pressure from transport and recreational, sporting and cultural activities, where prices have fallen less than in May 2025. Conversely, clothing and footwear are pulling prices down, with prices falling compared to the rise seen in ...
From ine.es|Apr 29, 2026The estimated annual inflation rate for the Consumer Price Index (CPI) in April 2026 is 3.2%, according to the preliminary indicator published by the Spanish National Statistics Institute (INE). This indicator provides an advance estimate of the CPI, which, if confirmed, would mean a decrease of two-tenths of a percentage point in the annual rate, as the rate in March was 3.4%. This trend is mainly due to electricity prices, which are falling more than in April 2025. It is also influenced, though to a lesser extent, by the prices of ...
From ine.es|Mar 27, 2026The estimated annual inflation of the CPI in March 2026 is 3.3%, recorded with the indicator developed by the INE. This indicator shows an advance of the IPC which, in case of confirmation, assumes that the annual rate increases by one point, but in the month of February it varies by 2.3%. This evolution is due, mainly, to the impact of the prices of fuels and lubricants for personal vehicles. This also affects the lower average electricity consumption, the lower the last year, and the increase in gas prices for heating, which ...
From ine.es|Feb 27, 2026The estimated annual inflation of the CPI in February 2026 is 2.3%, recorded with the adelantado indicator developed by the INE. This indicator provides an advance of the IPC which, in case of confirmation, assumes that the annual rate remains stable, and that in the energy levels it varies by 2.3%. This behavior affects the decline in electricity prices, which will occur in February 2025. For this reason, remove the influence of fuels and lubricants on personal vehicles, restaurants and food and alcohol services, so your prices ...
From ine.es|Jan 30, 2026The estimated annual inflation rate of the CPI in January 2026 is 2.4%, according to the preliminary indicator prepared by the INE. This indicator provides an advance estimate of the CPI which, if confirmed, would mean that the annual rate decreases by five tenths, since in December this variation was 2.9%. This evolution is mainly due to electricity prices , which are rising, but to a lesser extent than in January 2025; and to the prices of fuels and lubricants for personal vehicles , which are decreasing, compared to the increase ...
From ine.es|Dec 30, 2025The estimated annual inflation rate for the Consumer Price Index (CPI) in December 2025 is 2.9%, according to the preliminary indicator published by the Spanish National Statistics Institute (INE). This indicator provides an advance estimate of the CPI, which, if confirmed, would mean a decrease of one-tenth of a percentage point in the annual rate, as the rate in November was 3.0%. This trend is mainly due to the drop in fuel and lubricant prices for personal vehicles, compared to the increase in December 2024. Prices for leisure ...
From ine.es|Nov 28, 2025The estimated annual inflation of the CPI in November 2025 is 3.0%, according to the flash indicator prepared by the NSI. This indicator provides a preview of the CPI which, if confirmed, would mean a decrease of one tenth in its annual rate, since in October this variation was 3.1%. This change is mainly due to the decrease in electricity prices, compared to the increase in November 2024. On the other hand, Leisure and culture, whose prices are falling, but less than in the same month last year, and Food and non-alcoholic beverages, ...
| Released on Jun 29, 2026 |
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| Released on May 29, 2026 |
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| Released on Apr 29, 2026 |
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| Released on Mar 27, 2026 |
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| Released on Feb 27, 2026 |
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| Released on Jan 30, 2026 |
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| Released on Dec 30, 2025 |
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| Released on Nov 28, 2025 |
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