14 November 2025

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

October 2025

Main results

The annual variation rate of the CPI was 3.1% in October, one tenth of a percentage point higher than in September.
The annual rate of core inflation rose one tenth of a percentage point to 2.5%.
The monthly variation of the general rate was 0.7%.
The annual rate of the Harmonised Index of Consumer Prices (HICP) was 3.2%, two tenths of a percentage point higher than that of the previous month.

More information

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

The annual rate of the overall Consumer Price Index (CPI) in October was 3.1%, one tenth higher than that registered the previous month.

The groups which most influenced this increase in the annual rate were:

Housing, whose annual rate increased by 0.4 percentage points to 7.5%, due to electricity prices increasing, higher than in October of 2024.

Among the groups with a negative contribution, the most noteworthy were:

Leisure and culture, whose annual rate declined five tenths of a percentage point to 0.1%. This behaviour was mainly due to the decrease in the package tour prices, higher than in October of last year.

The annual variation rate of core inflation (the overall index excluding unprocessed food and energy products) stood at 2.5%, a figure one tenth higher than in the previous month.

Annual CPI Rate

Overall and core index. Percentage

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Monthly evolution of consumer prices

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

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

Clothing and footwear, with a variation rate of 8.2%. This reflects the behaviour of prices at the beginning of the autumn-winter season. The impact of this group to the overall CPI was 0.287.

Food and non-alcoholic beverages, with a variation rate of 1.4% and a contribution of 0.263. Notable in this behavior is the increase in the prices of fruits, meat, milk, cheese and eggs and oils and fats.
Housing, which presented a variation of 0.9% as a result of the rise in electricity prices and, to a lesser extent, of gas. The impact of this group on the overall CPI was 0.118.

On the other hand, among the groups with a negative monthly impact, the following stood out:

Leisure and culture, with a variation of -0.8%, resulting from the falling prices in Package Tours. The impact of this group to the overall CPI was -0.067.

Results by Autonomous Community

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

Illes Balears and Comunidad de Madrid presented the highest rates (both 3.6%) and Región de Murcia the lowest (2.2%).

Annual CPI rates by Autonomous Community. October 2025

Percentage

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Harmonised Index of Consumer Prices (HICP)

In October, the annual variation rate of the HICP stood at 3.2%, two tenths above that recorded in the previous month.

The monthly variation of the HICP was 0.5%.

Annual HICP rate

General index. Percentage (the latest Monetary Union figure is progress)

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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:: 2021 (CPI) and 2015 (HICP).
Reference period for the weightings:: year prior to the present year.
Sample of municipalities:: 177.
Number of products:: 462 (CPI) and 461 (HICP), for traditional collection, and 737 for scanner data.
Number of observations:: approximately 210,000 monthly prices.
Functional classification:: ECOICOP.
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 and the standardised methodological report at (IPC and IPCA).

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

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