FX.co ★ Spain’s HICP Inflation Accelerates to 0.6% in June on Monthly Basis

Spain’s Harmonised Index of Consumer Prices (HICP) rose 0.6% month-on-month in June 2026, quickening from a modest 0.1% increase recorded in May 2026. The latest figure, updated on 29 June 2026, points to a noticeable acceleration in price growth compared with the previous month.

On a month-over-month comparison, the “actual” June reading measures how much prices changed from May to June, while the “previous” figure reflects the change from April to May. The shift from 0.1% to 0.6% suggests that inflationary pressures picked up in early summer, reversing the relatively subdued pace seen in late spring. Investors and policymakers will be watching upcoming releases closely to see whether this marks the start of a more persistent upward trend in Spanish consumer prices.