The Consumer Price Index in Spain decreased 0.5% month-over-month in July 2024, the first decline in eight months and the biggest since September 2022, preliminary estimates showed. Inflation Rate MoM in Spain averaged 0.51 percent from 1954 until 2024, reaching an all time high of 4.58 percent in May of 1976 and a record low of -1.90 percent in January of 2016. source: National Statistics Institute (INE)

Inflation Rate MoM in Spain is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Inflation Rate MoM is projected to trend around 0.30 percent in 2025 and 0.20 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-07-12 07:00 AM Inflation Rate MoM Final Jun 0.3% 0.3% 0.3% 0.3%
2024-07-30 07:00 AM Inflation Rate MoM Prel Jul -0.5% 0.4% -0.7%
2024-08-13 07:00 AM Inflation Rate MoM Final Jul 0.3% -0.5% -0.5%


Related Last Previous Unit Reference
CPI 116.21 115.78 points Jun 2024
Core Consumer Prices 115.42 114.90 points Jun 2024
Core Inflation Rate YoY Prel 2.80 3.00 percent Jul 2024
CPI Housing Utilities 108.01 107.18 points Jun 2024
CPI Transportation 113.16 113.63 points Jun 2024
Food Inflation 4.20 4.40 percent Jun 2024
Harmonised Consumer Prices 124.44 123.95 points Jun 2024
Inflation Rate YoY Prel 2.80 3.40 percent Jul 2024
Inflation Rate MoM Prel -0.50 0.40 percent Jul 2024
Producer Prices 123.30 121.00 points Jun 2024
PPI YoY -3.50 -4.50 percent Jun 2024

Spain Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
-0.50 0.40 4.58 -1.90 1954 - 2024 percent Monthly
2011=100