Spain Inflation Rate

Annual inflation

3.45%

YoY ending in Mar 2026

Monthly inflation

1.16%

March 2026

The graph above shows the annual inflation rates in Spain covering the previous 10 calendar years, starting in 2016. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Spain Inflation Calculator.

The current inflation rate in Spain is 3.45%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in March 2026.

In March 2026, the monthly inflation rate was 1.16.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2026 YoY 2.29 2.32 3.45
MoM -0.45 0.42 1.16
2025 YoY 2.94 2.97 2.26 2.19 1.99 2.29 2.69 2.69 3.02 3.09 3.04 2.92
MoM 0.17 0.39 0.06 0.63 0.07 0.67 -0.08 0.04 -0.29 0.69 0.19 0.34

Historical Annual Inflation Rates since 1955

The table below contains annual inflation rates in Spain since 1955. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display rolling averages of annual inflation. For example, the 5-year average on the first row indicates that between 2020 and 2025, the average inflation rate was 4.07%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation (%) 5-year Avg. (%) 10-year Avg. (%)
1955 4.22 - -
1956 8.44 - -
1957 13.23 - -
1958 11.87 - -
1959 3.80 - -
1960 0.60 7.62 -
1961 0.96 6.57 -
1962 9.91 5.58 -
1963 5.48 4.70 -
1964 12.66 4.64 -
1965 9.37 7.01 7.31
1966 5.26 8.14 7.35
1967 6.56 8.28 6.92
1968 2.88 7.52 6.10
1969 3.43 6.53 5.58
1970 6.78 5.08 6.04
1971 9.64 5.48 6.80
1972 7.35 5.85 7.06
1973 14.20 7.12 7.32
1974 17.88 9.81 8.16
1975 14.10 12.05 8.51
1976 19.77 13.93 9.62
1977 26.39 17.17 11.36
1978 16.54 18.87 12.84
1979 15.59 18.87 14.25
1980 15.21 18.59 15.27
1981 14.41 17.96 15.93
1982 14.01 15.98 16.57
1983 12.22 14.47 16.65
1984 9.03 13.58 16.20
1985 8.18 12.23 15.36
1986 8.25 11.08 14.47
1987 4.60 9.24 12.56
1988 5.84 7.77 11.07
1989 6.89 6.88 10.18
1990 6.55 6.47 9.31
1991 5.53 5.90 8.46
1992 5.35 6.04 7.63
1993 4.93 5.99 6.87
1994 4.34 5.57 6.23
1995 4.32 5.16 5.81
1996 3.21 4.69 5.29
1997 2.01 3.89 4.96
1998 1.41 3.34 4.66
1999 2.92 2.86 4.21
2000 3.96 2.62 3.88
2001 2.71 2.63 3.65
2002 4.00 2.84 3.37
2003 2.60 3.09 3.22
2004 3.23 3.23 3.05
2005 3.74 3.22 2.92
2006 2.67 3.21 2.91
2007 4.22 3.15 3.00
2008 1.43 3.36 3.22
2009 0.79 2.68 2.96
2010 2.99 2.37 2.79
2011 2.38 2.30 2.75
2012 2.87 2.24 2.69
2013 0.25 1.71 2.53
2014 -1.04 1.73 2.21
2015 0.02 1.27 1.82
2016 1.57 0.59 1.44
2017 1.11 0.50 1.36
2018 1.18 0.55 1.13
2019 0.79 0.72 1.23
2020 -0.53 0.76 1.01
2021 6.55 1.41 1.00
2022 5.71 2.66 1.57
2023 3.10 3.03 1.78
2024 2.85 3.46 2.08
2025 2.92 4.07 2.40

More historical data →

Data Source and Notes

This data is sourced from the monthly statistical releases of the OECD (Organisation for Economic Co-operation and Development) and reflects the COICOP 2018 classification framework. While many values remain unchanged, it is expected that some historical figures may differ slightly from originally published reports as data is retroactively aligned with this framework. This ensures a consistent time series for accurate historical analysis.