Core inflation · Spain

Spain Core Inflation Rate YoY Final

The Spain Core Inflation Rate YoY Final measures the rise in consumer prices in Spain without the most volatile items, usually food and energy (definitions vary by country).

Wichtigkeit
Medium
Veröffentlicht
Monthly
Nächste Veröffentlichung
Währung
EUR · euro
Zentralbank
The European Central Bank (with the Banco de España)
Bewegt
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

Neueste Zahlen

Die letzte Veröffentlichung, für SEP, erschien am 2026-10-14 und lag bei 3.1%. Das ist mehr als 2.9% beim letzten Mal.

In den letzten 12 Veröffentlichungen lag der Wert zwischen 2.5% und 3.1%, im Schnitt 2.8%.

Nov 2025: 2.5%Dec 2025: 2.6%Jan 2026: 2.6%Feb 2026: 2.6%Mar 2026: 2.7%Apr 2026: 2.9%May 2026: 2.8%Jun 2026: 2.9%Jul 2026: 2.9%Aug 2026: 3%Sep 2026: 2.9%Oct 2026: 3.1% Nov 2025Oct 2026
Tatsächliche Ergebnisse; der kurze Strich auf einem Balken markiert den Konsens.
VeröffentlichtFürIstKonsensVorher
14 Oct 2026SEP3.1%–2.9%
15 Sep 2026AUG2.9%–3%
13 Aug 2026JUL3%3%2.9%
15 Jul 2026JUN2.9%2.9%2.9%
12 Jun 2026MAY2.9%2.9%2.8%
14 May 2026APR2.8%2.8%2.9%
14 Apr 2026MAR2.9%2.7%2.7%
13 Mar 2026FEB2.7%2.7%2.6%
13 Feb 2026JAN2.6%2.6%2.6%
15 Jan 2026DEC2.6%2.6%2.6%
12 Dec 2025NOV2.6%2.6%2.5%
14 Nov 2025OCT2.5%2.5%2.4%

Im Wirtschaftskalender ansehen →

Warum es wichtig ist

Food and energy prices jump with harvests and oil, then fall back. The core rate shows the underlying trend that the European Central Bank (with the Banco de España) can actually influence, so it often moves markets more than the headline. Services inflation, driven by wages, is the stickiest part.

So wird gerechnet

the National Statistics Institute (INE) takes the consumer price index basket, removes the excluded items and re-weights the rest; the change is measured month on month and against the same month a year earlier.

Core inflation (yoy) = core index ÷ core index 12 months ago − 1

Was Veränderungen bedeuten

  • A core rate falling towards the target lets the European Central Bank (with the Banco de España) ease; a stubborn core keeps rates high.
  • Monthly core changes of 0.2% compound to about 2.4% a year; 0.3% to about 3.7%.
  • Markets compare the figure with the consensus to one decimal; a 0.1-point surprise moves currencies.

Höher als erwartet: A higher figure than expected makes the European Central Bank (with the Banco de España) more likely to keep rates high or raise them: it tends to support the euro and push bond yields up, and is often a weight on stocks.

Niedriger als erwartet: A lower figure than expected gives the European Central Bank (with the Banco de España) room to cut or hold rates lower: the euro tends to soften and bond yields to fall.

Eine kurze Geschichte

Economists Robert Gordon and others popularised excluding food and energy in the 1970s, when oil shocks made the headline rate misleading; most central banks now publish or watch a core measure.

Fragen

What is the Spain Core Inflation Rate YoY Final?

The Spain Core Inflation Rate YoY Final measures the rise in consumer prices in Spain without the most volatile items, usually food and energy (definitions vary by country).

What was the latest Spain Core Inflation Rate YoY Final?

3.1% for SEP, published on 14 October 2026.

When is the next Spain Core Inflation Rate YoY Final?

On Friday 13 November 2026 at 08:00 UTC.

Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.