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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 Monday, the National Statistics Institute reported that Spain's annual consumer price inflation accelerated to 4.9% in September, rising from 4.3% in August, marking the highest rate since February 2023.
- Rising fuel costs, linked to the unresolved Iran conflict, primarily drove the inflationary surge, contrasting with price drops recorded during the same period in 2025.
- To mitigate impact on households, the government reintroduced a diesel subsidy of 20 cents per litre at the start of September, while maintaining a five cents per litre petrol subsidy.
- Energy products surged 21.6% annually while core inflation, excluding volatile items, rose to 3.1%; the Harmonised Index of Consumer Prices reached 5.0% from 4.6% previously.
- Analysts expect inflation to remain above the 4% mark in Spain for the rest of the year, as the INE will publish final September readings on October 14.
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Diario de Cádiz+6 Reposted by 6 other sources
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…
Coverage Details
Total News Sources85
Leaning Left4Leaning Right11Center8Last UpdatedBias Distribution48% Right
Bias Distribution
- 48% of the sources lean Right
48% Right
L 17%
C 35%
R 48%
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