Core HICP (excluding energy, food, alcohol and tobacco): Spain vs Portugal
Monthly · %
Source: Eurostat (prc_hicp_minr), retrieved 2026-10-17 · View on Eurostat · See technical sheet
Spain · 09/20263.5%24 of 36 in Europe
Portugal · 09/20262.9%14 of 36 in EuropeGap+0.6 ppSpain − Portugal
Trend
Open in the comparison tool → Country ranking →
| Period | Spain | Portugal | Gap |
|---|---|---|---|
| 09/2026 | 3.5% | 2.9% | +0.6 pp |
| 08/2026 | 3.6% | 3.1% | +0.5 pp |
| 07/2026 | 3.7% | 2.9% | +0.8 pp |
| 06/2026 | 3.6% | 2.6% | +1.0 pp |
| 05/2026 | 3.7% | 2.0% | +1.7 pp |
| 04/2026 | 3.2% | 2.1% | +1.1 pp |
| 03/2026 | 3.1% | 2.1% | +1.0 pp |
| 02/2026 | 3.0% | 2.2% | +0.8 pp |
| 01/2026 | 3.0% | 2.0% | +1.0 pp |
| 12/2025 | 3.0% | 2.6% | +0.4 pp |
| 11/2025 | 3.0% | 2.1% | +0.9 pp |
| 10/2025 | 2.9% | 1.9% | +1.0 pp |
Data analysis
In 09/2026, “Core HICP (excluding energy, food, alcohol and tobacco)” stands at 3.5% in Spain and 2.9% in Portugal, a gap of +0.6 pp. A year earlier, the gap was +1.1 pp. In the European ranking, Spain is 24 and Portugal is 14 out of 36 countries.
Core HICP (excluding energy, food, alcohol and tobacco): Spain vs other countries
- Switzerland
- Iceland
- Norway
- Austria
- Belgium
- Bulgaria
- Cyprus
- Czechia
- Germany
- Denmark
- Estonia
- Greece
- Finland
- France
- Croatia
- Hungary
- Ireland
- Italy
- Lithuania
- Luxembourg
- Latvia
- Malta
- Netherlands
- Poland
- Romania
- Sweden
- Slovenia
- Slovakia
- Euro area (20, until 2025)
- Euro area (21)
- European Union (27)
- Albania
- Georgia
- Montenegro
- North Macedonia
- Serbia
- Türkiye
Other indicators: Spain vs Portugal
- Real GDP, year-on-year change (quarterly)
- GDP per capita in PPS relative to the EU27
- HICP, annual rate of change
- Government deficit (−) or surplus (+)
- Government debt
- Economic sentiment indicator
- Unemployment rate
- Youth unemployment rate (under 25)
- Employment rate (20–64)
- Current account balance
- 10-year government bond yield