[#Spain](<https://spainnews.co.uk/hashtag/spain>) [#Inflation](<https://spainnews.co.uk/hashtag/inflation>) [#Economy](<https://spainnews.co.uk/hashtag/economy>) [#EnergyPrices](<https://spainnews.co.uk/hashtag/energyprices>) [#CostOfLiving](<https://spainnews.co.uk/hashtag/costofliving>)



# Spain's inflation hits 4.9% in October 2026

13 November 2026 at 10:18

> Spanish inflation rose to 4.9% in October as the government extends fuel discounts and gas price caps to combat rising energy costs.

Spain's Consumer Price Index reached 4.9% in October 2026, according to data confirmed by the National Statistics Institute on Friday. Core inflation, excluding energy and unprocessed food, held at 3.1%, driven by gas prices and tourist package costs.

Electricity inflation hit 11.1% while fuel costs remained over 15% higher year-on-year. To mitigate this, the government is extending a 20-cent-per-litre fuel discount into December and maintaining price caps on the Natural Gas Last Resort Tariff (TUR).

While services inflation has stayed at or above 3.9% since spring, food price growth moderated to 2.4% in October. Analysts at Funcas and BBVA Research forecast a further decline in the headline rate to between 4.5% and 4.6% by the end of the year.



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13 November 2026 at 13:47

## [Spain fast-tracks pension revaluation decree](<https://spainnews.co.uk/article/spain-fast-tracks-pension-revaluation-decree-eed4b23a>)

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12 November 2026 at 12:57

## [Spain's population hits record 49.9 million](<https://spainnews.co.uk/article/spain-s-population-hits-record-49-9-million-46fc1a2a>)

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11 November 2026 at 17:15

## [Bank of Spain fines Sabadell €16.5m over mortgages](<https://spainnews.co.uk/article/bank-of-spain-fines-sabadell-16-5m-over-mortgages-d6b6c5dc>)

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11 November 2026 at 14:46

## [Ten Spanish regions set 7 December as holiday](<https://spainnews.co.uk/article/ten-spanish-regions-set-7-december-as-holiday-4ab49563>)

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## [Spain preselected for second BYD European plant](<https://spainnews.co.uk/article/spain-preselected-for-second-byd-european-plant-162ebf5c>)

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10 November 2026 at 12:26

## [Electricity prices average 177.06 euros per MWh](<https://spainnews.co.uk/article/electricity-prices-average-177-06-euros-per-mwh-861318a0>)

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## [Spain to list housekeeper ailments as work diseases](<https://spainnews.co.uk/article/spain-to-list-housekeeper-ailments-as-work-diseases-7bac91c1>)

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## [Spain probes bus firm over unfair ticket pricing](<https://spainnews.co.uk/article/spain-probes-bus-firm-over-unfair-ticket-pricing-f2f3b768>)

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6 November 2026 at 17:59

## [Spain squad for Nations League to be announced](<https://spainnews.co.uk/article/spain-squad-for-nations-league-to-be-announced-811ff363>)

> Luis de la Fuente will name his Spain squad on Friday for the final Nations League group fixtures against the Czech Republic and England.
