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Spain Inflation Rate YoY fell to 3.2 in April 2026, down 0.2 from March's 3.4 reading. The print came in cooler than the 3.4 consensus, a softer print than forecasters anticipated. The print is running well above the 12-month average of 2.83. Over the past 3 months, Inflation Rate YoY averaged 2.67, vs 2.98 in the prior 3-month window. The reading is in the 93rd percentile of the trailing 24-month range.
The April 2026 reading fell from the previous value of 3.4. Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500).
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| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | CPI YoY | 2.8 | 2.9 | 2.8 | 2.80 | Low | |
| 07:00 | Inflation Rate MoM | 0.4 | 1.2 | 0.4 | 0.40 | Low | |
| 07:00 | Harmonised Inflation Rate YoY | 3.5 | 3.4 | 3.5 | 3.48 | Low | |
| 07:00 | Core Inflation Rate YoY | 2.8 | 2.9 | 2.8 | 2.80 | Low | |
| 07:00 | Inflation Rate YoY | 3.2 | 3.4 | 3.2 | 3.18 | Low | |
| 07:00 | Harmonised Inflation Rate MoM | 0.7 | 1.7 | 0.7 | 0.67 | Low | |
| 07:00 | HICP MoM | 0.7 | 1.7 | 0.7 | 0.67 | Low | |
| 07:00 | CPI MoM | 0.4 | 1.2 | 0.4 | 0.40 | Low | |
| 07:00 | HICP YoY | 3.5 | 3.4 | 3.5 | 3.48 | Medium | |
| 10:00 | Consumer Confidence | 77.7 | 66.9 | 69 | 73.35 | Medium | |