# Spain's inflation holds at 4.9% in October

> Spain's consumer prices rose 4.9% on the year in October 2026 (flash estimate). Core inflation was 3.1%, and prices rose 0.6% on the month.

- Canonical URL: https://forextradingcommunity.com/news/spain-inflation-4-9-percent-october-2026/
- Type: Data
- Published: 2026-11-03
- Updated: 2026-11-03
- Publisher: Forex Trading Community (https://forextradingcommunity.com), FTC Editorial Team
- Currencies: EUR

The National Statistics Institute (INE) estimates that Spain's consumer prices rose 4.9% year on year in October 2026, and rose 0.6% on the month. Core inflation was 3.1%. The harmonised index (HICP) rose 4.9% on the year ([INE, flash estimate, 30 October 2026](https://www.ine.es/dyngs/Prensa/en/adIPC1026.htm)).

## Key figures, October 2026 (flash)

- **Consumer prices, year on year**: +4.9%
- **Consumer prices, month on month**: +0.6%
- **Core inflation**: +3.1%
- **HICP, year on year**: +4.9%

The other large euro economies are in [Germany's inflation eases to 2.8% in October](/news/germany-inflation-eases-2-8-percent-october-2026/), [France's inflation rises to 3.4% in October](/news/france-inflation-rises-3-4-percent-october-2026/) and [Italy's inflation jumps to 5.4% in October](/news/italy-inflation-jumps-5-4-percent-october-2026/).

## Sources

- [INE: Flash estimate of the Consumer Price Index, October 2026](https://www.ine.es/dyngs/Prensa/en/adIPC1026.htm)

## Common questions

### What was Spain's inflation rate in October 2026?

4.9% year on year on the flash estimate, according to the National Statistics Institute (INE).

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