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Spain: Flash estimate of the Harmonized Consumer Price Index (HCPI): September 2025
The estimated annual inflation of the CPI in September 2025 is 2.9%, according to the flash indicator prepared by the NSI. This indicator provides a preview of the CPI which, if confirmed, would mean an increase of two tenths in its annual rate, since in August this variation was 2.7%. This change is mainly due to fuel and electricity prices decreasing less than in September 2024. The estimated annual variation rate of underlying inflation (general index excluding non-processed food and energy products) decreases one tenth to 2.3%. Consumer prices registered a rate of -0.4% in September compared to August, according ... (full story)
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