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Economy & Trade

Spain inflation rises to 4.3% in August

Spain's inflation rate rose to 4.3 percent in August from 3.6 percent in July, the national statistics office INE said Friday.

The INE said fuel and lubricant prices for personal vehicles rose after falling in August 2025. It also said prices for food and non-alcoholic drinks fell at a slower rate than in the same month last year.

The August figure is more than double the European Central Bank's two percent inflation target. Spain's central bank forecast in June that inflation would stand at 3.6 percent this year.

Eurozone inflation reached 2.9 percent in July. Eurostat is due to publish its initial August reading on Tuesday.

Uncertainty notes

The source links the rise in energy prices to the war in the Middle East, but the supplied material does not provide detailed attribution for that causal assessment.

Source

AFP news report published on .

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