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29.04.202607:00:00UTC+00Spanish Inflation Eases in April as CPI Slips to 3.2% Year-on-Year

Spain’s consumer price inflation cooled slightly in April 2026, with the annual Consumer Price Index (CPI) easing to 3.2% year-on-year, down from 3.4% in March 2026.

According to data updated on 29 April 2026, the April figure reflects price changes compared with April a year earlier, while the March reading was measured against March a year earlier. The modest decline suggests a mild easing of inflationary pressures in Spain, although price growth remains firmly positive on an annual basis.

The back-to-back year-over-year comparisons indicate that, while inflation is not accelerating, it has yet to show a sharp slowdown, keeping the trajectory of Spanish consumer prices a key focus for policymakers and markets in the coming months.

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