CPI

In Spain 16th February 2026

Final CPI for January in Spain falls to 2.3% year-on-year compared to preliminary figure of 2.4%

Bankinter | The final CPI for January registered 2.3% year-on-year, down from the preliminary figure of 2.4% and from 2.9% in December. In contrast, the underlying rate remained at 2.6% annually, in line with the preliminary figure and that of December 2025. In month-on-month terms, the overall rate was confirmed at 0.4% down (0.4% preliminary) and the underlying rate at 0.6% down compared to the anticipated 0.5%. Analysis team’s view:…

In the World 22nd January 2026

UK CPI rises slightly above expectations (3.4%) with core inflation remaining at 3.2%

Bankinter | December CPI rises slightly above expectations: 3.4% versus 3.3% expected versus 3.2% previously. However, the underlying rate remained unchanged at 3.2% versus 3.3% expected. Services continue to be the biggest contributor to inflation: 4.5% versus 4.4% previously. Bankinter analysis team’s view: Mixed data. Despite the rise in the overall rate, the core rate remains in line with the previous month. Lower wage pressures (weekly wage growth excluding bonuses…

In Europe 21st January 2026

Final Eurozone CPI in 2025 improves on preliminary figure: 1.9% compared to 2% due to lower pressure from food prices

Singular Bank | In December, Eurozone shopping basket prices rose by 0.2% compared to the previous month (versus a fall of 0.3% in November). Meanwhile, in year-on-year terms, the overall inflation rate fell by 0.2 pp to 1.9% (versus 2.1% in November), slightly below the ECB’s target (2.0%) and the lowest level since May. By item, the positive contribution of services (up 1.54 pp) stood out, followed by food, alcohol…

Spanish economy 15th September 2025

Spain’s CPI rises to 2.7% year-on-year in August

Although consumer prices (CPI) remained unchanged in Spain in August compared to July, according to the final data released by the National Statistics Institute (INE), Spain’s year-on-year CPI increased by 2.7% through August, the same rate as in July. In August, the group that stood out most for its positive influence on the increase of the year-on-year CPI growth rate was transport prices, whose year-on-year rate rose one point to…

In Spain, Spanish economy 1st September 2025

CPI in Spain remains at 2.7% in August, but core inflation rises 1/10 of a percentage point to 2.4% thanks to lower food and electricity prices

CdM | The Consumer Price Index (CPI) remained at 2.7% year-on-year in August, thanks to food and electricity prices offsetting fuel prices, according to data released on Friday by the National Statistics Institute (INE). The stability of the year-on-year CPI in the eighth month of the year slows down the rise in the inflation rate experienced during the previous two months. The agency explained that the CPI remaining at 2.7%…

Relevant News Item 30th June 2025

Preliminary CPI in Spain rises 2.2% year-on-year in June, two tenths more than in May

CdM | The Consumer Price Index (CPI) rose by two tenths of a percentage point year-on-year in June to 2.2%, due to higher fuel and food prices, according to data released on Friday by the National Statistics Institute (INE), reports Europa Press. With the upturn in the year-on-year CPI in the sixth month of the year, inflation is rising again after three consecutive months of declines in its year-on-year rate….

In Spain 15th December 2024

Spain: November final CPI confirms preliminary 2.4% year-on-year (vs. 1.8% previously), core at 2.4% (from 2.5% previously)

Bankinter: November final CPI confirms 2.4% year-on-year preliminary (from 1.8% year-on-year previous), Underlying also confirmed 2.4% year-on-year preliminary (from 2.5% previous). On a month-on-month basis +0.2% month-on-month for the headline rate and +0.1% for the Underlying. Analysis team’s view: The data confirm the preliminary data and also the pick-up in headline inflation in 4Q24, as expected and anticipated by the ECB, largely due to base effects from energy (electricity and…

In Spain 15th October 2024

Spain’s CPI moderates to 1.5% in September, core remains at 2.4%

Bankinter | September’s final CPI confirms 1.5% year-on-year preliminary and moderation from 2.3% in August. Month-on-month also confirms preliminary down 0.6% month-on-month (0% month-ahead). Core CPI at 2.4% year-on-year same as preliminary and from 2.7% previously); -0.4% month-on-month. Bankinter analysis team’s view: Final data confirm a better-than-anticipated performance through September. In fact, EMU CPI came in at 1.8% year-on-year (preliminary), which gives the ECB room to move below its target….

Spanish economy 1st May 2024

Inflation in Spain accelerates 1/10 of a point in April to 3.3%, but core continues to moderate to 2.9%

CdM | Inflation accelerated by one tenth of a percentage point in April, to 3.3%, mainly due to higher gas and food prices, according to the advance CPI data published on Monday by the National Statistics Institute (INE). If confirmed on 14 May, core inflation, i.e. once the most volatile items in the shopping basket (unprocessed food and energy products) are removed, will have moderated by 0.4 percentage points to…

In Spain, Spanish economy 1st November 2023

Preliminary CPI in Spain repeats at 3.5% in October, but core moderates to 5.2%

Bankinter: Preliminary CPI for October repeats at +3.5% year-on-year (vs. +3.8% expected and from +3.5% previously). The Underlying figure slackens to +5.2% year-on-year (compared to +5.6% expected and from +5.8% previously). On a month-on-month basis, the headline rate rebounds +0.3% and the core +0.4%. More details are available in the press release from the National Statistics Institute linked here. According to Bankinter experts, “the figure is better than expected. Headline…

1 2 3 »