The nation's inflation has remained above the euro area average for 16 months. Analyst Daniel Lacalle attributes this sustained trend to uncontrolled government spending within Spain.
Wednesday, October 21, 2026
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Global Markets22 days ago
Spain's EU harmonized inflation rate rose to 5.0% year-on-year in September, exceeding the previous reading of 4.6%. The month's flash consumer price index reached 4.9%, coming in above the 4.6% projection and increasing from the prior rate of 4.3%.

The nation's inflation has remained above the euro area average for 16 months. Analyst Daniel Lacalle attributes this sustained trend to uncontrolled government spending within Spain.
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