12 September 2025

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

August 2025

Main results

The annual variation rate of the CPI for the month of August stood at 2.7%, the same as that recorded in July.
The annual rate of core inflation rose one tenth of a percentage point to 2.4%.
The monthly variation of the general rate was 0.0%.
The annual rate of the Harmonised Index of Consumer Prices (HICP) stood at 2.7%, same as the previous month's.

More information

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

The annual rate of the overall Consumer Price Index (CPI) in August was 2.7%, the same as that recorded the previous month.

The groups which most influenced this increase in the annual rate were:

Transport, whose annual rate increased by one percentage point to 1.2%. This behaviour was due mainly to falling prices in fuels and lubricants for personal vehicles, less than in August 2024. The increase was also influenced by the rise in air passenger transport, which was higher than in the same month of the previous year.

Notable among the groups with a negative contribution were:

Housing, whose annual rate fell by seven tenths to 6.0%, due to the steady electricity prices, compared with the rise in August of the previous year.
Food and non-alcoholic beverages had a rate of 2.3%, four tenths below that of the previous month. This evolution was mostly due to fruit prices falling more than in August 2024.

The annual variation rate of core inflation (the overall index excluding unprocessed food and energy products) stood at 2.4%, a figure one tenth higher than in the previous month.

Annual CPI Rate

Overall and core index. Percentage

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Monthly evolution of consumer prices

In August, the monthly variation rate of the general CPI was 0.0%.

The group with the greatest positive monthly impact on the CPI monthly rate was:

Leisure and culture, with a variation of 1.5%, resulting from rising prices in Package Tours. The impact of this group to the overall CPI was 0.128.

On the other hand, among the groups with a negative monthly impact, the following stood out:

Food and non-alcoholic beverages, which showed a rate variation of -0.8% and an impact of -0.142, mainly due to lower fruit prices.

Results by Autonomous Community

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

Illes Balears and Comunitat Valenciana had the highest rates (both 3.2%) and La Rioja and Región de Murcia the lowest (both 2.1%).

Annual CPI rates by Autonomous Community. August 2025

Percentage

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Harmonised Index of Consumer Prices (HICP)

In August, the annual variation rate of the HICP stood at 2.7%, the same as that recorded the previous month.

The monthly variation of the HICP was 0.0%.

Annual HICP rate

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

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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

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Press office:: (+34) 91 583 93 63 / 94 08 – gprensa@ine.es
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Consumer Price Index (CPI)Harmonised Index of Consumer Prices (HICP)