The 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 and culture also contributed, although to a lesser extent; while they rose, they did so ... (full story)