FX.co ★ Spain’s Monthly Inflation Accelerates in June as CPI Rises 0.6% MoM

Spain’s consumer price inflation picked up pace in June, with the month‑over‑month Consumer Price Index (CPI) rising 0.6%, up from a 0.1% increase previously. The latest data, updated on 15 July 2026, indicate a clear acceleration in price growth compared with the prior month.

On a month‑over‑month basis, the June reading measures how prices changed relative to May, while the previous 0.1% figure reflected the change in prices from April to May. The move from 0.1% to 0.6% suggests that short‑term inflationary pressures in Spain strengthened notably as the summer period began, a development that markets and policymakers will watch closely for signs of persistence in coming months.