15 July 2025

Consumer Price Index (CPI)
Harmonised Index of Consumer Prices (HICP)

June 2025

Main results

The annual variation rate of the CPI was 2.3% in June, three tenths of a percentage point higher than in May.
The annual rate of core inflation remained unchanged at 2.2%.
The monthly variation of the general rate was 0.7%.
The annual rate of the Harmonised Index of Consumer Prices (HICP) was 2.3%, three tenths of a percentage point higher than that of the previous month.

More information

Annex of tables (includes information from the Autonomous Communities)
Detailed results of IPC and IPCA
Videos: What is the Shopping Basket / The IPC
How much the IPC varied since...

The annual rate of the overall Consumer Price Index (CPI) in June was 2.3%, three tenths higher than that registered the previous month.

The groups that stood out most in terms of their influence on the increase in the annual rate were:

Transportation, whose annual rate increased 1.2 points of a percentage point to -0.8%. This behaviour was due to the rise in the price of Fuels and lubricants for personal vehicles, against the decrease in June 2024.
Housing, whose annual rate rose by four tenths to 4.2%, due to the increase in Gas prices and, to a lesser extent, in Liquid fuel prices, compared with the fall in June of the previous year.
Food and non-alcoholic beverages, whose annual variation stood at 2.8%, was three tenths higher than in the previous month. This behaviour was mainly due to a decline in the prices of Legumes and vegetables, which was lower than in the same month in 2024, and an increase in the price of Meat and Fish and seafood.

The annual variation rate of core inflation (general index excluding unprocessed food and energy products) stood at 2.2%, the same as the previous month.

Annual CPI Rate

Overall and core index. Percentage

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      "3.4",
      "2.8",
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      "2.3",
      "1.5",
      "1.8",
      "2.4",
      "2.8",
      "2.9",
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      "2.3",
      "2.2",
      "2",
      "2.3"
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      "3.6",
      "3.5",
      "3.3",
      "2.9",
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      "2.7",
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Monthly evolution of consumer prices

In June, the monthly variation rate of the overall CPI was 0.7%.

The groups with the greatest positive monthly impact to the CPI monthly rate were:

Leisure and culture, with a variation of 2.2%, resulting from rising prices in Package Tours. The impact of this group to the overall CPI was 0.186.
Housing, whose monthly rate of 1.2% contributed 0.147 to the general CPI. This change was due to the increase in Electricity prices.
Transportation, at 0.9% with a repercussion of 0.124, due to the rise in the prices of Passenger air transport and Fuels and lubricants for personal vehicles.

Results by Autonomous Community

The CPI recorded positive annual rates in all autonomous communities in June.

Illes Balears and País Vasco the highest rates (both 2.8%). Región de Murcia and Canarias had the lowest (both 1.7% both).

Annual CPI rates by Autonomous Community. June 2025

Percentage

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      "1.7",
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      "2.0",
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      "2.3",
      "2.3",
      "2.3",
      "2.3",
      "2.4",
      "2.4",
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      "2.5",
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Harmonised Index of Consumer Prices (HICP)

In June, the annual variation rate of the HICP stood at 2.3%, three tenths higher than in the previous month.

The monthly variation of the HICP was 0.7%.

Annual HICP rate

General index. Percentage (the latest Monetary Union figure is progress)

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      "1.7",
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      "2.4",
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      "2.9",
      "2.9",
      "2.2",
      "2.2",
      "2",
      "2.3"
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    [
      "2.8",
      "2.6",
      "2.4",
      "2.4",
      "2.6",
      "2.5",
      "2.6",
      "2.2",
      "1.7",
      "2",
      "2.2",
      "2.4",
      "2.5",
      "2.3",
      "2.2",
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Data revisions and updates

The data published today is final and is not subject to further revision. All the results are available on INEBase.

Methodological note

The Consumer Price Index (CPI) is a short-term indicator that measures the evolution of the prices of consumer goods and services acquired by households resident in Spain.

On the other hand, the Harmonized Index of Consumer Prices (HICP) is an indicator whose objective is to provide a common inflation measure that allows international comparisons.

Type of survey:: continuous monthly survey.
Base period:: 2021 (CPI) and 2015 (HICP).
Reference period for the weightings:: year prior to the present year.
Sample of municipalities:: 177.
Number of products:: 462 (CPI) and 461 (HICP), for traditional collection, and 737 for scanner data.
Number of observations:: approximately 210,000 monthly prices.
Functional classification:: ECOICOP.
General calculation method:: Laspeyres’ Chain Index.
Collection method:: interviewing agents in establishments, scanner data and centralised collection for special items.

For more information you can access the methodology and the standardised methodological report at (IPC and IPCA).

INE statistics are produced in accordance with the Code of Good Practice for European Statistics. More information on Quality at INE and Code of Best Practices.

For further information see

Official INE account on @es_ine

All press releases at:: www.ine.es/en/prensa/prensa_en.htm
Press office:: (+34) 91 583 93 63 / 94 08 – gprensa@ine.es
Information area:: (+34) 91 583 91 00 – www.ine.es/infoine/?L=1

Consumer Price Index (CPI)Harmonised Index of Consumer Prices (HICP)