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Spanish Annual Inflation Rate Stable at 4.9% in October, Flash Data Shows

MT Newswires·10/30/2026 04:29:13
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04:29 AM EDT, 10/30/2026 (MT Newswires) -- Spain's annual inflation held steady at 4.9% for a second month in October, according to provisional data from the National Statistics Institute published Friday. The reading is in line with the consensus estimate. On a monthly basis, consumer prices in Spain were up 0.6%, as expected, against the previous 0.3% uptick. The Spanish annual harmonized inflation rate came in at 4.9%, lower than the previous 5% and aligned with the market forecast. Month over month, harmonized consumer prices grew 0.5%, consistent with the consensus estimate and compared with the 0.6% gain earlier. Meanwhile, the country's annual core inflation rate remained at 3.1%.