What is the current Inflation, consumer prices (annual %) for Spain?

The latest Spain Inflation, consumer prices (annual %) value is 3.53 for January 2023.

What is the Sigmanomics forecast outlook for Spain Inflation, consumer prices (annual %)?

Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.

Inflation Consumer Prices Annual: 3.53 Percentage (%) (Jan… | Sigmanomics

Last updated: 1 Jan 2023, 00:00 UTCData from World Bank. Forecasts by Sigmanomics Forecast Engine.

Spain

Spain Inflation, consumer prices (annual %) fell to 3.53 Percentage (%) in January 2023

World BankYearlyReleased January 2023

Spain Inflation, consumer prices (annual %) fell to 3.53 Percentage (%) in January 2023, down 4.86 Percentage (%) from December's 8.39 Percentage (%) reading.

Latest Release

3.53

Latest (2023)

8.39

World Bank

Source

Sigmacast Track Record

Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.

Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).

CORRELATED SYMBOLS— markets that historically move with this indicator

Symbol	Direction	Correlation	Asset Class	Signal Bias	Action
EUR/USD	▲ Direct	+0.30	FOREX	Watch	→ View
XAU/USD	▲ Direct	+0.30	COMMODITIES	Watch	→ View
S&P 500	▲ Direct	+0.30	INDEX	Watch	→ View
BTC/USD	▲ Direct	+0.30	CRYPTO	Watch	→ View
USD/JPY	▲ Direct	+0.30	FOREX	Watch	→ View

Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.

Inflation, consumer prices (annual %) - ES

Loading chart data...

EXPECTED ZONE

SIGMANOMICS MARKET FORECAST ENGINE

Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.

Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments

FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI

BLSBEAFMPWORLD BANKFRED

1,456+ instruments247 indicators530+ correlationsREST + GQL API

4,151 economic indicators127 countries covered6 data sources

FREDBLSEIAECBBOJFMP

GET STARTED FREE Explore the Calendar →Browse All Forecasts →Request API Access →

Economic Calendar - ES Events

Tuesday, May 26, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
07:00	ES	Producer Price Index YoY		3.4	3.8	3.95	Low
Thursday, May 28, 2026			Actual	Previous	Consensus	Sigmanomics Rolling-Surprise Forecast	Impact
07:00	ES	Retail Sales MoM		1.2	-0.3	-0.30	Low
07:00	ES	Retail Sales YoY		4.1	3.7	3.70	Low
10:00	ES	Business Confidence		-5	-4	-4.00	Medium