15 September 2026

Consumer Price Index (CPI)
Harmonised Index of Consumer Prices (HICP)

August 2026

Main results

The annual variation rate of the August CPI stood at 4.3%, seven tenths above that registered in July.
The annual rate of core inflation decreased one tenth, reaching 2.9%.
The monthly variation of the general rate was 0.7%.
The annual rate of the Harmonised Index of Consumer Prices (HICP) stood at 4.6%, seven tenths higher than in the previous month.

More information

Annex of tables (includes information from the Autonomous Communities)
Detailed results of CPI and HICP
Main features of the CPI Base 2025
Videos: What is the Shopping Basket / The CPI
How much has the CPI varied since... / Infographic of annual CPI rates

The annual rate of the overall Consumer Price Index (CPI) in August was 4.3%, seven tenths higher than the previous month. This is the highest rate recorded since February 2023.

The groups that stood out most in terms of their positive influence in the annual rate were:

Transport, whose annual variation rose more than three points, to 9.5%, the highest since August 2022. This change was due mainly to the rise in the prices of fuels and lubricants for personal vehicles, which had decreased in August 2025.
Food and non-alcoholic beverages, whose annual rate stood at 2.3%, was seven tenths higher than in the previous month. This behaviour was mainly due to the increase in the prices of fruit and nuts which had fallen at a higher rate than in the same month of 2025.

The annual variation of core inflation (the overall index excluding unprocessed food and energy products) stood at 2.9%, one tenth lower than in the previous month.

Annual CPI Rate

Overall and core index. Percentage

{
    "mode": "chart",
    "type": "lineasprensa",
    "with": "170mm",
    "height": "100mm",
    "legend": true,
    "valueAxis": false,
    "tags": true,
    "series": [
        {
            "label": "Overall index"
        },
        {
            "label": "Core inflation"
        }
    ],
    "ticks": [
        "Jan-25",
        "Feb-25",
        "Mar-25",
        "Apr-25",
        "May-25",
        "Jun-25",
        "Jul-25",
        "Aug-25",
        "Sep-25",
        "Oct-25",
        "Nov-25",
        "Dec-25",
        "Jan-26",
        "Feb-26",
        "Mar-26",
        "Apr-26",
        "May-26",
        "Jun-26",
        "Jul-26",
        "Aug-26"
    ],
    "values": [
        [
            2.9,
            3,
            2.3,
            2.2,
            2,
            2.3,
            2.7,
            2.7,
            3,
            3.1,
            3,
            2.9,
            2.3,
            2.3,
            3.4,
            3.2,
            3.2,
            3.2,
            3.6,
            4.3
        ],
        [
            2.4,
            2.2,
            2,
            2.4,
            2.2,
            2.2,
            2.3,
            2.4,
            2.4,
            2.5,
            2.6,
            2.6,
            2.6,
            2.7,
            2.9,
            2.8,
            3,
            2.9,
            3,
            2.9
        ]
    ],
    "ratioMargen": 0.05,
    "angleTick": "-90",
    "angleTag": "0",
    "colors": [
        "#457E76",
        "#A45C0A"
    ],
    "config": {
    }
}

Monthly evolution of consumer prices

In August, the monthly rate of the general CPI was 0.7%.

The groups with the greatest positive impact to the CPI monthly variation were:

Transport, with a monthly rate of 3.3% resulting from the higher prices of fuels and lubricants for personal vehicles. The impact of this group on the overall CPI was 0.534.
Housing, with a monthly variation of 0.6% and an impact of 0.081 due to higher liquid fuel prices and, to a lesser extent, electricity and gas prices.

Results by autonomous communities

The CPI recorded positive annual rates in all autonomous communities in August.

Cantabria recorded the highest increase (5.1%) and Canarias the lowest (3.8%).

Annual CPI rates by Autonomous Community. August 2026

Percentage

{
  "mode": "chart",
  "type": "barrashorizontalesprensa",
  "width": "170mm",
  "height": "150mm",
  "legend": false,
  "valueAxis": false,
  "tags": true,
  "series": [
    { "label": "Tasa anual (%)" }
  ],
    "ticks": [
	"Ceuta",
	"Melilla",
	"Canarias",
	"La Rioja",
	"Asturias, Principado de",
     "Aragón", 
    "Cataluña",	
"Andalucía",	
"Comunitat Valenciana",
"Navarra, Comunidad Foral de",
 "Extremadura", 
"Murcia, Región de",
"NATIONAL",
 "Balears, IIles",
   "País Vasco",
   "Madrid, Comunidad de",
    "Castilla-La Mancha",
	"Castilla y León",
	  "Galicia",
        "Cantabria"
 ],
    "values": [
        [
		2.9,
		3.8,
		3.8,
		3.9,
		 3.9,
		 3.9,
		 4,
		  4,
		  4.1,
		  4.2,
		  4.2,
		   4.3,
		   4.3,
		   4.4,		   
		    4.5,
			4.7,
			 4.7,
			 4.7,
			 4.8,
            5.1   
        ]
    ],
  "ratioMargen": 0.15,
  "angleTick": "0",
  "angleTag": "0",
  "fillToZero": true,
  "colors": [
    "#457E76",
    "#A45C0A",
    "#0071AD",
    "#756F0F",
    "#C33C9D",
    "#677746"
  ],
  "config": {
    "marcaTick": {
      "color": "#9e1834",
      "value": "NATIONAL"
    }
  }
}

Harmonised Index of Consumer Prices (HICP)

In August, the annual variation rate of the HICP stood at 4.6%, seven tenths higher than in the previous month.

The monthly variation of the HICP was 0.7%.

Annual HICP rate

General index. Percentage (the latest Monetary Union figure is a preliminary one)

{
    "mode": "chart",
    "type": "lineasprensa",
    "with": "170mm",
    "height": "100mm",
    "legend": true,
    "valueAxis": false,
    "tags": true,
    "series": [
        {
            "label": "Spain"
        },
        {
            "label": "Euro area"
        }
    ],
    "ticks": [
        "Jan-25",
        "Feb-25",
        "Mar-25",
        "Apr-25",
        "May-25",
        "Jun-25",
        "Jul-25",
        "Aug-25",
        "Sep-25",
        "Oct-25",
        "Nov-25",
        "Dec-25",
        "Jan-26",
        "Feb-26",
        "Mar-26",
        "Apr-26",
        "May-26",
        "Jun-26",
        "Jul-26",
        "Aug-26"
    ],
    "values": [
        [
            2.9,
            2.9,
            2.2,
            2.2,
            2,
            2.3,
            2.7,
            2.7,
            3,
            3.2,
            3.2,
            3,
            2.4,
            2.5,
            3.4,
            3.5,
            3.6,
            3.6,
            3.9,
            4.6
        ],
        [
            2.5,
            2.3,
            2.2,
            2.2,
            1.9,
            2,
            2,
            2,
            2.2,
            2.1,
            2.1,
            2,
            1.7,
            1.9,
            2.6,
            3,
            3.2,
            2.8,
            2.9,
            3.3
        ]
    ],
    "ratioMargen": 0.05,
    "angleTick": "-90",
    "angleTag": "0",
    "colors": [
        "#457E76",
        "#A45C0A"
    ],
    "config": {
    }
}

Data revisions and updates

The data published today is final and is not subject to further revision. All the results are available on INEBase.

Methodological note

The Consumer Price Index (CPI) is a short-term indicator that measures the evolution of the prices of consumer goods and services acquired by households resident in Spain.

On the other hand, the Harmonized Index of Consumer Prices (HICP) is an indicator whose objective is to provide a common inflation measure that allows international comparisons.

Type of survey:: continuous monthly survey.
Base period:: 2025 (CPI) and 2025 (HICP).
Reference period for the weightings:: year prior to the present year.
Sample of municipalities:: 177.
Number of products:: 487 for traditional collection, and 263 for scanner data. (CPI and HICP).
Number of observations:: approximately 200,000 monthly prices.
Functional classification:: ECOICOP version 2.
General calculation method:: Laspeyres’ Chain Index.
Collection method:: interviewing agents in establishments, scanner data and centralised collection for special items.

For more information you can access the methodology, the methodological differences between the CPI and the HICP and the standardised methodology report (CPI y HICP).

INE statistics are produced in accordance with the Code of Good Practice for European Statistics. More information on Quality at INE and Code of Best Practices.

For further information see

Official INE account on @es_ine

All press releases at:: www.ine.es/en/prensa/prensa_en.htm
Press office:: (+34) 91 583 93 63 / (+34) 661 944 540 / (+34) 678 168 837 – gprensa@ine.es
Information area:: (+34) 91 583 91 00 – www.ine.es/infoine/?L=1

Consumer Price Index (CPI)Harmonised Index of Consumer Prices (HICP)