Spain CPI (YoY)
Published:
Annual change in Spain's national consumer price index (IPC), published by INE as an advance indicator and then a final figure.
Full explanation
Spain CPI (YoY) is the annual percentage change in Spain's national Consumer Price Index (Índice de Precios de Consumo, IPC), published by the National Statistics Institute (INE). It is not seasonally adjusted. It is the national CPI, not the Harmonised Index of Consumer Prices (IPCA/HICP), which INE publishes alongside and which can differ. INE publishes an advance (flash) indicator at the end of the reference month and the final figure in the middle of the following month; the calendar shows both under this name.
Why traders watch it
Spain is the fourth-largest euro-area economy, and its flash release is one of the first national inflation readings each month.
Stronger vs weaker outcomes
A higher-than-expected reading points to stronger price pressure and can lift expectations of tighter monetary policy; a lower reading points the other way.
A higher reading means Spanish consumer prices rose faster over the past year.
A lower reading means they rose more slowly.
Higher means faster Spanish inflation; lower means slower.
Release details
- Release frequency
- Monthly (advance at month-end, final mid-following month)
Typical volatility
medium. Advance and final releases share this name. Do not compare the national IPC with the harmonised IPCA.
Trading considerations
- Distinguish national IPC from harmonised IPCA.
- Compare advance with final.
Educational guidance only — never a trading signal or recommendation.
Related indicators
15-Year Mortgage Rate
A weekly Freddie Mac measure of average U.S. 15-year fixed-rate mortgage borrowing costs.
Absa Manufacturing PMI
A monthly survey indicator tracking whether South African manufacturing conditions are improving or weakening.
ADP Employment Change
ADP Employment Change is a private estimate of changes in U.S. private-sector jobs based on payroll data from ADP.
ADP Nonfarm Employment Change
A monthly, payroll-data-based measure of changes in US private-sector employment.
Ai Group Australian Industry Index
A monthly survey-based gauge of whether activity in Australian industrial sectors is expanding or contracting.
Albania Balance of Trade
Albania Balance of Trade measures the difference between the value of Albania’s goods exports and goods imports.