The harmonised CPI in Spain increased 1.4% month-over-month in March 2024, the most since June 2022, after a 0.4% gain in February and slightly higher than 1.3% in the preliminary estimate. Harmonised Inflation Rate MoM in Spain averaged 0.22 percent from 1992 until 2024, reaching an all time high of 3.90 percent in March of 2022 and a record low of -2.50 percent in January of 2016. source: National Statistics Institute (INE)
Harmonised Inflation Rate MoM in Spain is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Harmonised Inflation Rate MoM is projected to trend around 0.10 percent in 2025, according to our econometric models.