Spain Food Inflation

Year-on-year change in consumer prices of food and non-alcoholic beverages.

Food Inflation in Spain increased to 2.99 percent in Dec 2025 from 2.84 percent in Nov 2025.

3.0%
▲ +0.2 ppDec 2025 · previous 2.8%Monthly · percent · Source: OECD — Organisation for Economic Co-operation and Development

Spain Food Inflation — History

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Spain Food Inflation — analysis in simple words

Latest reading

Food Inflation in Spain increased to 2.99 percent in Dec 2025 from 2.84 percent in Nov 2025.

It has risen in each of the last three months.

Recent trend

A year earlier (Dec 2024) it was 1.8%, so the latest figure is 1.2 percentage points higher.

Over the past five years the average was 6.3%, with a range from 0.3% to 16.6%. The latest value is below that five-year average.

Historical context

This data series starts in Jan 1960 and has 792 monthly observations. The latest reading is higher than 37% of all of them.

The highest value on record is 32.5% (Aug 1977) and the lowest is -2.7% (Feb 2010). The long-run average is 6.1%.

Compared with other countries

Among 42 economies with recent data, Spain ranks 23rd from the top. The median across all these economies is 3.3%, so Spain is below the typical country.

Among 15 major economies tracked on this site it ranks 4th.

Within Europe & Central Asia (29 economies with data) it ranks 17th; the regional median is 3.4%.

Statistics

Latest
3.0%Dec 2025
Previous
2.8%
5-year average
6.3%
Long-run average
6.1%since Jan 1960
All-time high
32.5%Aug 1977
All-time low
-2.7%Feb 2010
Observations
792Monthly

Recent Data

PeriodValueChange
Dec 20253.0%▲ +0.2 pp
Nov 20252.8%▲ +0.4 pp
Oct 20252.4%▲ +0.0 pp
Sep 20252.4%▲ +0.1 pp
Aug 20252.3%▼ −0.4 pp
Jul 20252.7%▼ −0.1 pp
Jun 20252.8%▲ +0.3 pp
May 20252.5%▲ +0.4 pp
Apr 20252.0%▼ −0.4 pp
Mar 20252.4%▲ +0.2 pp
Feb 20252.2%▲ +0.4 pp
Jan 20251.8%▲ +0.0 pp
Dec 20241.8%▲ +0.1 pp
Nov 20241.7%▼ −0.2 pp
Oct 20241.9%▲ +0.1 pp
Sep 20241.8%▼ −0.8 pp
Aug 20242.5%▼ −0.6 pp
Jul 20243.1%▼ −1.1 pp
Jun 20244.2%▼ −0.2 pp
May 20244.4%▼ −0.3 pp
Apr 20244.7%▲ +0.4 pp
Mar 20244.3%▼ −1.0 pp
Feb 20245.3%▼ −2.1 pp
Jan 20247.4%▲ +0.2 pp
Dec 20237.3%▼ −1.7 pp
Nov 20239.0%▼ −0.4 pp
Oct 20239.5%▼ −1.1 pp
Sep 202310.5%▲ +0.0 pp
Aug 202310.5%▼ −0.3 pp
Jul 202310.8%

Food Inflation — Spain vs Peers

Latest available reading for each economy (periods may differ). Spain highlighted.

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More Spain indicators

Understanding Food Inflation — a simple guide

What it measures

The year-on-year change in the price of food and non-alcoholic beverages in the consumer price index.

How it is calculated

Year-on-year % change in the food and non-alcoholic beverages part of the CPI basket.

Simple example

If vegetables, cereals and milk together cost 8% more than a year ago, food inflation is 8%.

▲ When it is high or rising

High food inflation hurts household budgets and often lifts headline inflation.

▼ When it is low or falling

Low or negative food inflation eases household costs but can mean lower farm incomes.

Why it matters for the economy and markets

Food is a large share of household spending, especially in emerging economies like India, so food prices strongly affect headline inflation and household budgets.

How to read it

Food inflation is volatile because of monsoon, harvests, supply problems and global commodity prices. Look at several months together rather than a single reading.

What to look at alongside it

Rainfall/monsoon, crop output, headline inflation and global food prices.

Key terms

COICOP 01
The international code for “food and non-alcoholic beverages” in CPI.

Data source

OECD — Organisation for Economic Co-operation and Development (series OECD CPI food), monthly data from Jan 1960 to Dec 2025. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current food inflation of Spain?
Spain food inflation was 3.0% in Dec 2025, compared with 2.8% in the previous period, according to OECD — Organisation for Economic Co-operation and Development.
What is the highest and lowest food inflation of Spain?
Since Jan 1960, the highest reading was 32.5% (Aug 1977) and the lowest was -2.7% (Feb 2010).
What does food inflation measure?
The year-on-year change in the price of food and non-alcoholic beverages in the consumer price index.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.