Spain Inflation Strongest Since 2023
Fuel and energy costs pushed the annual rate to its highest level since February 2023, while core inflation held near 3.1%, INE said.
- On Tuesday, the National Statistics Institute reported that Spain's annual consumer price inflation accelerated to 4.9% in September, up from 4.3% in August and marking the highest rate since February 2023.
- Rising fuel costs linked to the unresolved Iran conflict primarily drove the inflationary surge, with petrol and diesel prices increasing again in September compared to price drops recorded in the same month of 2025.
- To mitigate rising energy costs, the government reintroduced a diesel subsidy of 20 cents per litre at the start of September, while maintaining a petrol subsidy of five cents per litre.
- The Harmonised Index of Consumer Prices , used for European comparisons, pushed its annual rate to 5.0 percent, up from 4.6 percent in the prior month, reflecting broader regional inflationary pressures.
- Core inflation, which excludes volatile energy and fresh food, rose to 3.1%, while analysts expect inflation in Spain to remain above the 4% mark for the remainder of the year.
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The CPI reaches 4.9% in September. The origin of this inflationary drift is none other than Trump’s absurd war against Iran.
Spain suffers a price escalation that seems not to hit the roof. Inflation has skyrocketed in September to 4.9%, according to the provisional figure advanced yesterday by the National Institute of Statistics that will have its official confirmation in the coming days. It is the highest data since 2023 and has its origin in the oil crisis unleashed by the war of the United States and Israel against Iran and the closure of the Strait of Ormuz. The…
The year-on-year inflation rate of the current month is six tenths higher than that of August, when it reached 4.3%, the INE explained in a statement. In the increase of the index "includes the prices of fuels and lubricants for personal vehicles, which rise while in September 2025 they went down," the public entity emphasized, which also highlighted the impact of "tourist packages, whose prices fall less than in the same month last year." The y…
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