Spain’s consumer price inflation picked up pace in September 2026, with the year-over-year Consumer Price Index (CPI) rising to 4.9%, up from 4.3% recorded in August 2026.
Both the August and September readings are calculated on a year-over-year basis, comparing each month to the same month a year earlier. The latest data, updated on 29 September 2026, indicate that price pressures in Spain have intensified at the end of the third quarter, reversing the more moderate pace of inflation seen in August.
The acceleration from 4.3% to 4.9% suggests that inflationary forces remain firmly embedded in the Spanish economy, keeping the spotlight on household purchasing power and the potential policy response from authorities in the coming months.
