National Statistics Institute of Spain announced the Spain June Harmonized CPI Year-on-Year Preliminary Value on 2025-06-27. against a forecast of 2%, with the prior figure recorded as 2.00%.
Regarding the Spain June Harmonized CPI Year-on-Year Preliminary Value, Actual value > Forecast value = Bullish for Euro, The Harmonized Index of Consumer Prices (HICP) is the most commonly used tool for measuring inflation, and the European Statistical Office has coordinated the compilation methods of the consumer price indices of EU member states. This indicator is similar to the Consumer Price Index, but in addition to measuring all the elements included in the Consumer Price Index, it also includes personal computers, new cars, and airplane tickets, while excluding personal housing and local government taxes. Generally speaking, if the data rises, it means that the Bank of Spain may raise interest rates to control inflation, which would be beneficial (or bullish) for the euro; conversely, if the data declines, it implies that the Bank of Spain may keep interest rates unchanged or lower rates, which would be detrimental (or bearish) for the euro.
This data holds an importance level of , calculated using The Harmonized Index of Consumer Prices (HICP) is primarily used within the European Union and is an indicator of the prices consumers pay for a basket of goods and services. The use of the same method for calculation across countries allows for comparability of inflation measurement. The annual (or monthly) growth rate represents the inflation rate, and updates monthly. The next release is set for 2025-07-30 15:00:00.
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