The core consumer price inflation rate in Spain, which excludes volatile items such as energy and food, edged down to 6.1 percent in August 2023, easing slightly from the July's 6.2 percent figure, a preliminary estimate showed. The rate remained well above the European Central Bank's target of 2.0 percent. source: National Statistics Institute (INE)
Core Inflation Rate in Spain averaged 5.57 percent from 1977 until 2023, 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 August of 2023.
Core Inflation Rate in Spain is expected to be 4.10 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 and 2.50 percent in 2025, according to our econometric models.