Spanish Inflation Stays at Three-Year High Before Election
Gas and fuel costs kept inflation at 4.9%, while the government tried to cushion households ahead of a snap vote, officials said.
55 Articles
55 Articles
The annual inflation rate in Spain remained stable at 4.9% in October 2026, the same level of September and in line with market expectations, according to preliminary estimates. Exclusive material for subscribers. To have full access, access the link of the material and register.
Radio France Internationale
Spanish inflation stays at three-year high before election
But Spain's dynamic economic growth -- which Socialist Prime Minister Pedro Sanchez's government has regularly used to defend its record -- maintained its rhythm at 0.6 percent in the third quarter. The provisional October inflation of 4.9 percent released by the National Statistics Institute (INE) is equal to September's figure for the European Union's fourth-largest economy. The soaring costs of gas and other fuels kept inflation high despite …
The underlying inflation, excluding unprocessed food and energy products due to their increased volatility, stood at 3.1 per cent.
If the estimate is confirmed, the inflation rate in Spain in October was equal to that recorded in the previous month (September).
The prices of goods and services that families usually consume have continued to rise this October in the State, according to advanced data from the consumer price index (CPI, the indicator that measures the cost of living for families) published this Friday by the National Institute of Statistics (INE), despite a moderation in fuel prices. In addition, the state statistical body has also published preliminary data on the evolution of the Spanis…
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