Published on

12/06/2026 - 11:26 GMT+2

Inflation remains stuck at 3.2% for the third month in a row, amid the full impact of the war in Iran. The Consumer Price Index (CPI) ended May with a year-on-year rate of 3.2%, the same as in the previous two months, according to final data from the National Statistics Institute (INE).

This is the third consecutive month above 3%, against a backdrop of volatile energy prices stemming from the conflict in Iran. The figures confirm the flash estimate published by the INE at the end of May. Month on month, the CPI rose by 0.1%, three-tenths of a point less than in April.

What has risen and what has fallen