Spain Inflation Rate
Jul 2026 · Monthly
Spain's inflation rate rose to 4.28% in August 2026, from 3.58% in July, extending an increase from 2.29% in January. The August reading is the highest since February 2023 and compares with 2.69% a year earlier. The rate remains well below the all-time high of 28.43% from August 1977. Separately, producer prices advanced 2.5% month on month in July 2026, according to International Monetary Fund data.
source: International Monetary Fund
Spain’s annual inflation rate rose to 3.58% in July 2026 from 3.20% in June 2026. This was the highest reading among the observations from July 2025 to July 2026. The rate remains far below the all-time high of 28.43% recorded in August 1977.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 3.6% | 3.2% | 28.4%Aug 1977 | -1.4%Jul 2009 | 1955 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Producer Price Inflation | 6.7% | 2.5% | 38.4% | -7.6% | Apr 2026 | Monthly |
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About this series
Inflation Rate in Spain averaged 2.9% from 1990 until 2026, reaching an all-time high of 28.4% in Aug 1977 and a record low of -1.4% in Jul 2009. The series is reported monthly with history from 1955.
The indicator measures the year-on-year change in Spain’s consumer price index, expressed as a percentage. Reported monthly, it compares the price level in a given month with the same month one year earlier. The series runs from March 1955. Historical values are available from that date onward.
Source & methodology
International Monetary Fund · IMF. Data is also available free of charge from the IMF
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