Spain's European Union-harmonised 12-month inflation accelerated for a second successive month to 2.4 percent in August 2023, up from 2.1 percent in the previous month and compared to the market expectations of 2.5 percent, a preliminary estimate showed. source: National Statistics Institute (INE)
Harmonised Inflation Rate YoY in Spain averaged 2.57 percent from 1993 until 2023, reaching an all time high of 10.70 percent in July of 2022 and a record low of -1.50 percent in January of 2015. This page includes a chart with historical data for Spain Harmonised Inflation Rate YoY. Spain Harmonised Inflation Rate YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.
Harmonised Inflation Rate YoY in Spain is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Harmonised Inflation Rate YoY is projected to trend around 3.50 percent in 2024 and 1.80 percent in 2025, according to our econometric models.