Spain CPI: January 2026 (Final)

Spain CPI Source

The annual rate of change of the CPI for the month of January stood at 2.3%, six tenths below that recorded in December.

  • The annual rate of core inflation remained at 2.6%.
  • The monthly variation of the general index was -0.4%.
  • The Harmonised Index of Consumer Prices (HICP) placed its annual rate at 2.4%, six tenths below the previous month.
  • The INE publishes today, for the first time, the final CPI and IPCA in the new 2025 base.