Spain’s consumer price inflation picked up momentum in March 2026, with the Consumer Price Index (CPI) rising 1.0% month-over-month, according to data updated on 27 March 2026. This marks a notable acceleration from February 2026, when the monthly CPI increase stood at 0.4%.
The March reading indicates that price pressures strengthened compared with the previous month, as the “actual” figure reflects the change from February to March, while the “previous” comparison captures the change from January to February. The step-up from 0.4% to 1.0% suggests a firmer inflation pulse at the start of spring, which will be closely watched by markets and policymakers for signs of whether this momentum persists in the months ahead.
