Spain’s consumer price inflation accelerated on a month-over-month basis in August 2026, with the Consumer Price Index (CPI) rising 0.7%, up from a 0.3% increase in the previous month. The latest data, updated on 15 September 2026, point to a noticeably stronger short-term price momentum compared with earlier in the summer.
The August reading compares the change in prices from July to August 2026, while the previous 0.3% figure reflected the change from June to July 2026. The pick-up in the month-over-month indicator suggests that price pressures have intensified over the latest period, an important signal for policymakers and markets monitoring the trajectory of inflation in Spain.
