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Inflation in Spain rises to 4.3% in August, a high since 2023
Business
Economy

Inflation in Spain rises to 4.3% in August, a high since 2023

Jornal de Negócios15 September 2026 at 09:04

Inflation in Spain rose to 4.3% in August, representing the highest value since 2023. This increase marks a trend of price growth in the Iberian country.

Regarding underlying inflation, which excludes energy and fresh food products as they are traditionally the most volatile in the shopping basket, the recorded value was 2.9%. This indicator was one tenth below the value recorded in July.

Why this matters

Spanish consumers face growing pressure on prices, especially in energy and food, which reduces purchasing power. This data may influence the monetary policy decisions of the European Central Bank, affecting interest rates for all citizens of the eurozone. The slowdown in underlying inflation indicates, however, that domestic price pressures remain under control.

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