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Spain's May inflation surprises: 0%, beating -0.1% forecast.

13.06.2025 07:36

Spain's May Harmonized Index of Consumer Prices (HICP) defied expectations, registering a 0% month-on-month increase. Economists had predicted a slight decrease of -0.1%. This unexpected result showcases a resilience in consumer spending despite broader economic headwinds.


This data point presents a compelling counterpoint to prevailing forecasts, suggesting a more robust than anticipated level of price stability within the Spanish economy during May. The unexpected increase calls for a reassessment of economic models and further investigation into the underlying factors.


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