The annual core inflation rate in Spain, which excludes volatile items such as unprocessed food and energy, picked up to 7 percent in December of 2022 from 6.3 percent in the prior month. It was the highest reading since November of 1992. source: National Statistics Institute (INE)

Core Inflation Rate in Spain averaged 5.56 percent from 1977 until 2022, reaching an all time high of 27.10 percent in September of 1977 and a record low of -0.10 percent in April of 2010. This page provides - Spain Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Spain Core Inflation Rate - values, historical data and charts - was last updated on January of 2023.

Core Inflation Rate in Spain is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Core Inflation Rate is projected to trend around 2.70 percent in 2024, according to our econometric models.

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Spain Core Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 5.70 6.80 percent Dec 2022
Inflation Rate MoM 0.20 -0.10 percent Dec 2022
Harmonised Consumer Prices 117.35 117.07 points Dec 2022
Consumer Price Index CPI 109.90 109.73 points Dec 2022
Core Inflation Rate 7.00 6.30 percent Dec 2022
Core Consumer Prices 108.88 107.91 points Dec 2022
Producer Prices 156.40 159.10 points Dec 2022
Producer Prices Change 14.70 20.50 percent Dec 2022
Food Inflation 15.69 15.33 percent Dec 2022
CPI Transportation 106.96 112.54 points Dec 2022
CPI Housing Utilities 107.68 106.89 points Dec 2022

Spain Core Inflation Rate
In Spain, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
7.00 6.30 27.10 -0.10 1977 - 2022 percent Monthly