FX.co ★ Spanish Inflation Holds Steady at 3.2% in June, Matching May’s Year-Over-Year Pace

Spain’s consumer price inflation remained unchanged in June 2026, with the annual Consumer Price Index (CPI) holding at 3.2%, the same rate recorded in May 2026.

According to data updated on 29 June 2026, the June reading confirms that price growth is stabilizing on a year-over-year basis. The current figure compares inflation in June 2026 with June 2025, while the previous reading reflected the change in May 2026 versus May 2025, with both periods posting identical 3.2% gains.

The flat profile between May and June suggests that, at least for now, inflationary pressures are neither accelerating nor easing on an annual basis, offering a clearer backdrop for policymakers, businesses, and households assessing cost dynamics in Spain.