Inflation in Spain

Spain - Harmonized Inflation (end of period)
Inflation eases in May
According to a preliminary estimate released by the National Statistical Institute (INE) on 30 May, annual inflation eased from 2.1% in April to 1.9% in May. INE will release a complete set of data on 13 June. Detailed data for April showed consumer prices jumping 1.4% over the previous month, which doubled the 0.7% rise recorded in March. The monthly rise was mainly the result of a sharp increase in prices for clothing and footwear as well as for alcoholic beverages and tobacco. The core inflation index, which does not include prices for unprocessed food and energy, added 1.2% over the previous month, up from the 0.5% rise recorded in March. Despite the sharp increase, annual core inflation inched down from 1.2% in March to 1.1% in April, its lowest level in 19 months.
Spain - Harmonized Inflation (eop) Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Inflation Rate (HICP, annual variation in %, eop) | -0.1 | 1.4 | 1.2 | 1.2 | 0.9 |
Spain Harmonized Inflation (eop) Chart

Source: National Statistical Institute (INE).
Spain Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 0.46 | 5.62 % | Dec 31 |
Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Spain: Current account swings to surplus in May
August 11, 2022
The current account recorded a EUR 2.9 billion surplus in May, improving from the EUR 0.5 billion deficit clocked in April (May 2021: EUR 1.0 billion surplus).
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Spain: Industrial output grows at fastest pace in one year in June
August 8, 2022
Industrial output rose 7.0% year on year in seasonally- and calendar-adjusted terms in June (May: +4.5%).
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Spain: Unemployment rate drops in second quarter of the year
July 29, 2022
The jobless rate fell to 12.5% in Q2 from 13.7% in Q1.
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Spain: Retail sales growth deteriorates in June
July 29, 2022
Retail sales expanded 0.2% year on year in June (May: +2.8% yoy).
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Spain: The economy gains speed in the second quarter
July 29, 2022
According to a preliminary estimate, GDP rose 1.1% on a seasonally-adjusted quarter-on-quarter basis in Q2, accelerating notably from the 0.2% uptick recorded in Q1.