La sagrada familia in Spain

Spain Inflation September 2023

Spain: Harmonized inflation rises further in September

Harmonized inflation rose to 3.3% in September from 2.4% in August. A stronger increase in prices for transportation was mainly behind the acceleration.

The trend declined, with annual average harmonized inflation coming in at 4.2% in September (August: 4.6%). Meanwhile, core inflation dipped to 5.8% in September from 6.1% in August.

Lastly, harmonized consumer prices rose 0.58% in September over the previous month, following the 0.54% increase seen in the previous month.

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