La sagrada familia in Spain

Spain Inflation April 2023

Spain: Harmonized inflation increases in April

Harmonized inflation rose to 3.8% in April, following March’s 3.1%. rebounding transport prices and stronger price pressures for housing and utilities were mainly behind the reading.

The trend declined, with annual average harmonized inflation coming in at 7.2% in May (March: 7.6%). Moreover, core inflation fell to 6.6% in April from 7.5% in March.

Lastly, harmonized consumer prices rose 0.46% in April over the previous month, following the 1.05% increase seen in March.

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