Spain June Harmonized CPI Year-on-Year Final

National Statistics Institute of Spain announced the Spain June Harmonized CPI Year-on-Year Final on 2025-07-15. The reported figure stands at 2.3%, against a forecast of 2.2%, with the prior figure recorded as 2.20%.

Regarding the Spain June Harmonized CPI Year-on-Year Final, Actual value > Forecast value = Positive for Euro, The Harmonized Index of Consumer Prices (HICP) is the most commonly used tool for measuring inflation, and the European Union Statistics Office has coordinated the compilation methods of the consumer price index for EU member states. This indicator is similar to the Consumer Price Index, as it measures all elements included in the Consumer Price Index, while also including personal computers, new cars, and airplane tickets, and 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 will be beneficial (or bullish) for the euro; conversely, if the data declines, it suggests that the Bank of Spain may keep interest rates unchanged or lower them, 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. By using the same method of calculation across countries, the inflation measurement becomes comparable. The annual (or monthly) growth rate represents the inflation rate, and updates monthly.

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