Spain Inflation Rate

3.6% +0.38 pt

Jul 2026 · Monthly

Spain’s annual inflation rate rose to 3.58% in July 2026 from 3.20% in June 2026. This was the highest reading among the observations from July 2025 to July 2026. The rate remains far below the all-time high of 28.43% recorded in August 1977.

Spain Inflation Rate, 1990–2026
ActualPreviousHighestLowestDatesFrequency
3.6%3.2%28.4%Aug 1977-1.4%Jul 20091955 – 2026Monthly

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Producer Price Inflation6.7%2.5%38.4%-7.6%Apr 2026Monthly

About this series

Inflation Rate in Spain averaged 2.9% from 1955 until 2026, reaching an all-time high of 28.4% in Aug 1977 and a record low of -1.4% in Jul 2009. The series is reported monthly with history from 1955.

The indicator measures the year-on-year change in Spain’s consumer price index, expressed as a percentage. Reported monthly, it compares the price level in a given month with the same month one year earlier. The series runs from March 1955. Historical values are available from that date onward.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Spain Inflation Rate FAQ