Spain
+3.4
▲
vs 1w ago (+1.1)
Spain economic data has been roughly in line with expectations. Over the past 90 days,
releases have been close to analyst estimates with no strong directional bias.
Current Score
+3.4
1 Week Ago
+1.1
Releases (90d)
104
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend with IBEX 35 Overlay
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- Unemployment Rate +1.94z
- S&P Global Services PMI +1.78z
- S&P Global Services PMI +1.20z
- S&P Global Composite PMI +1.15z
- CPI MoM +2.36z
▼ Top Negative Surprises
- S&P Global Manufacturing PMI -0.97z
- S&P Global Services PMI -2.16z
- S&P Global Composite PMI -2.05z
- Consumer Confidence -2.02z
- Inflation Rate MoM -0.44z
All Releases — 90 Day Window (104 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-07-28 | Unemployment Rate | 9.87 | 10.7 | +1.939 | Medium | +96.96 |
| 2026-07-03 | S&P Global Services PMI | 54.2 | 50.9 | +1.776 | Medium | +49.83 |
| 2026-07-01 | S&P Global Manufacturing PMI | 49.7 | 51.0 | -0.970 | Medium | -26.00 |
| 2026-06-03 | S&P Global Services PMI | 50.1 | 48.0 | +1.198 | Medium | +16.81 |
| 2026-07-03 | S&P Global Composite PMI | 53.3 | 51.0 | +1.150 | Low | +16.13 |
| 2026-05-06 | S&P Global Services PMI | 47.9 | 52.0 | -2.159 | Medium | -15.87 |
| 2026-05-29 | CPI MoM | 0.1 | 0.2 | +2.364 | Low | +14.78 |
| 2026-06-03 | S&P Global Composite PMI | 50.2 | 54.6 | -2.054 | Low | -14.41 |
| 2026-07-28 | Retail Sales MoM | 0.3 | -0.3 | +0.533 | Low | +13.33 |
| 2026-04-29 | CPI YoY | 3.2 | 3.5 | +2.091 | Medium | +13.07 |
| 2026-04-30 | Consumer Confidence | 66.9 | 82.0 | -2.022 | Medium | -12.93 |
| 2026-05-14 | Consumer Confidence | 77.7 | 69.0 | +1.384 | Medium | +12.23 |
| 2026-05-04 | S&P Global Manufacturing PMI | 51.7 | 49.5 | +1.692 | Medium | +11.87 |
| 2026-06-29 | Inflation Rate MoM | 0.6 | 0.4 | -0.440 | Medium | -11.26 |
| 2026-07-14 | Consumer Confidence | 81.2 | 79.0 | +0.306 | Medium | +11.06 |
| 2026-05-29 | CPI YoY | 3.2 | 3.3 | +0.739 | Medium | +9.24 |
| 2026-07-02 | Tourist Arrivals YoY | 9.5 | 6.0 | +0.650 | Low | +8.91 |
| 2026-06-29 | Harmonised Inflation Rate MoM | 0.6 | 0.4 | -0.617 | Low | -7.90 |
| 2026-06-01 | S&P Global Manufacturing PMI | 51.2 | 52.0 | -0.586 | Medium | -7.84 |
| 2026-05-29 | HICP MoM | 0.1 | 0.2 | +1.114 | Low | +6.96 |
| 2026-07-01 | New Car Sales YoY | 7.8 | 2.5 | +0.519 | Low | +6.95 |
| 2026-04-30 | Gross Domestic Product QoQ | 0.6 | 0.5 | +1.048 | Medium | +6.70 |
| 2026-05-28 | Retail Sales MoM | -1.5 | -0.3 | -1.066 | Low | -6.51 |
| 2026-05-06 | S&P Global Composite PMI | 48.7 | 52.2 | -1.709 | Low | -6.28 |
| 2026-07-28 | Retail Sales YoY | 0.5 | 1.1 | -0.229 | Low | -5.71 |
| 2026-05-29 | Inflation Rate MoM | 0.1 | 0.2 | +0.440 | Medium | +5.50 |
| 2026-04-30 | GDP Growth Rate QoQ | 0.6 | 0.5 | +0.558 | High | +5.35 |
| 2026-04-29 | CPI MoM | 0.4 | 0.6 | +1.576 | Low | +4.93 |
| 2026-05-05 | Employment Change | -62.7 | -18.6 | -0.657 | Medium | -4.72 |
| 2026-05-29 | Core Inflation Rate YoY | 2.9 | 2.8 | -0.624 | Low | -3.90 |
| 2026-05-29 | Harmonised Inflation Rate MoM | 0.1 | 0.2 | +0.617 | Low | +3.86 |
| 2026-07-24 | Producer Price Index YoY | 7.0 | 10.1 | +0.151 | Low | +3.44 |
| 2026-05-26 | Producer Price Index YoY | 8.3 | 3.8 | -0.582 | Low | -3.39 |
| 2026-06-29 | Harmonised Inflation Rate YoY | 3.6 | 3.3 | -0.263 | Low | -3.37 |
| 2026-06-02 | Tourist Arrivals YoY | 5.2 | 9.0 | -0.470 | Low | -3.23 |
| 2026-07-02 | Employment Change | -28.7 | -40.8 | +0.082 | Medium | +2.25 |
| 2026-04-29 | Core Inflation Rate YoY | 2.8 | 2.7 | -0.647 | Low | -2.02 |
| 2026-05-28 | Retail Sales YoY | 0.8 | 3.7 | -0.328 | Low | -2.01 |
| 2026-04-29 | Inflation Rate MoM | 0.4 | 0.6 | +0.293 | Medium | +1.83 |
| 2026-06-01 | New Car Sales YoY | -0.8 | 8.5 | -0.268 | Low | -1.79 |
| 2026-07-21 | Balance of Trade | -8.24 | -4.7 | -0.041 | Medium | -1.75 |
| 2026-06-25 | Producer Price Index YoY | 10.5 | 8.1 | -0.146 | Low | -1.70 |
| 2026-05-29 | Inflation Rate YoY | 3.2 | 3.4 | +0.132 | Medium | +1.65 |
| 2026-05-08 | Industrial Production YoY | 1.8 | -1.8 | +0.412 | Low | +1.59 |
| 2026-06-29 | Business Confidence | -2.4 | -2.1 | -0.060 | Medium | -1.53 |
| 2026-07-03 | Industrial Production YoY | 3.4 | 2.3 | +0.099 | Low | +1.38 |
| 2026-06-02 | Employment Change | -36.3 | -56.8 | +0.100 | Medium | +1.37 |
| 2026-06-29 | Retail Sales MoM | 0.6 | 1.0 | -0.107 | Low | -1.36 |
| 2026-06-23 | Balance of Trade | -5.2 | -2.5 | -0.059 | Medium | -1.31 |
| 2026-07-03 | Consumer Confidence | 77.7 | 78.0 | -0.042 | Medium | -1.18 |
| 2026-04-29 | HICP MoM | 0.7 | 0.6 | -0.371 | Low | -1.16 |
| 2026-05-29 | Current Account | 4.61 | 1.8 | +0.173 | Low | +1.08 |
| 2026-04-29 | Inflation Rate YoY | 3.2 | 3.4 | +0.132 | Medium | +0.83 |
| 2026-06-30 | Current Account | 1.88 | 4.3 | -0.062 | Low | -0.81 |
| 2026-05-05 | Tourist Arrivals YoY | 3.3 | 4.0 | -0.195 | Low | -0.70 |
| 2026-04-29 | Harmonised Inflation Rate MoM | 0.7 | 0.6 | -0.206 | Low | -0.64 |
| 2026-06-29 | Retail Sales YoY | 1.3 | 1.2 | +0.035 | Low | +0.45 |
| 2026-04-29 | Business Confidence | -5.0 | -6.0 | +0.070 | Medium | +0.44 |
| 2026-05-28 | Business Confidence | -3.7 | -4.0 | +0.031 | Medium | +0.38 |
| 2026-05-04 | New Car Sales YoY | 8.4 | 7.1 | +0.045 | Low | +0.16 |
| 2026-04-30 | Current Account | 4.04 | 3.0 | +0.038 | Low | +0.12 |
| 2026-04-30 | Current Account | 4.04 | 3.0 | +0.038 | Low | +0.12 |
| 2026-05-19 | Balance of Trade | -4.4 | -5.6 | +0.012 | Medium | +0.12 |
| 2026-04-29 | Harmonised Inflation Rate YoY | 3.5 | 3.5 | -0.000 | Low | -0.00 |
| 2026-04-29 | HICP YoY | 3.5 | 3.5 | -0.000 | Medium | -0.00 |
| 2026-04-30 | Gross Domestic Product YoY | 2.7 | 2.7 | +0.000 | Low | +0.00 |
| 2026-04-30 | GDP Growth Rate YoY | 2.7 | 2.7 | +0.000 | High | +0.00 |
| 2026-05-14 | Harmonised Inflation Rate YoY | 3.5 | 3.5 | -0.000 | Low | -0.00 |
| 2026-05-14 | Inflation Rate MoM | 0.4 | 0.4 | -0.000 | Low | -0.00 |
| 2026-05-14 | HICP MoM | 0.7 | 0.7 | -0.000 | Low | -0.00 |
| 2026-05-14 | CPI YoY | 3.2 | 3.2 | -0.000 | Medium | -0.00 |
| 2026-05-14 | HICP YoY | 3.5 | 3.5 | -0.000 | Medium | -0.00 |
| 2026-05-14 | Inflation Rate YoY | 3.2 | 3.2 | -0.000 | Low | -0.00 |
| 2026-05-14 | CPI MoM | 0.4 | 0.4 | -0.000 | Low | -0.00 |
| 2026-05-14 | Harmonised Inflation Rate MoM | 0.7 | 0.7 | -0.000 | Low | -0.00 |
| 2026-05-14 | Core Inflation Rate YoY | 2.8 | 2.8 | -0.000 | Low | -0.00 |
| 2026-05-29 | HICP YoY | 3.6 | 3.6 | -0.000 | Medium | -0.00 |
| 2026-05-29 | Harmonised Inflation Rate YoY | 3.6 | 3.6 | -0.000 | Low | -0.00 |
| 2026-06-04 | Industrial Production YoY | 2.0 | 2.0 | +0.000 | Low | +0.00 |
| 2026-06-12 | Inflation Rate MoM | 0.1 | 0.1 | -0.000 | Low | -0.00 |
| 2026-06-12 | Inflation Rate YoY | 3.2 | 3.2 | -0.000 | Low | -0.00 |
| 2026-06-12 | HICP YoY | 3.6 | 3.6 | -0.000 | Medium | -0.00 |
| 2026-06-12 | Harmonised Inflation Rate YoY | 3.6 | 3.6 | -0.000 | Low | -0.00 |
| 2026-06-12 | HICP MoM | 0.1 | 0.1 | -0.000 | Low | -0.00 |
| 2026-06-12 | Core Inflation Rate YoY | 2.9 | 2.9 | -0.000 | Low | -0.00 |
| 2026-06-12 | Harmonised Inflation Rate MoM | 0.1 | 0.1 | -0.000 | Low | -0.00 |
| 2026-06-12 | CPI MoM | 0.1 | 0.1 | -0.000 | Low | -0.00 |
| 2026-06-12 | CPI YoY | 3.2 | 3.2 | -0.000 | Medium | -0.00 |
| 2026-06-25 | GDP Growth Rate QoQ | 0.6 | 0.6 | +0.000 | Low | +0.00 |
| 2026-06-25 | Gross Domestic Product YoY | 2.7 | 2.7 | +0.000 | Low | +0.00 |
| 2026-06-25 | GDP Growth Rate YoY | 2.7 | 2.7 | +0.000 | Low | +0.00 |
| 2026-06-25 | Gross Domestic Product QoQ | 0.6 | 0.6 | +0.000 | Medium | +0.00 |
| 2026-06-29 | CPI YoY | 3.2 | 3.2 | -0.000 | Medium | -0.00 |
| 2026-06-29 | Core Inflation Rate YoY | 2.9 | 2.9 | -0.000 | Low | -0.00 |
| 2026-06-29 | Inflation Rate YoY | 3.2 | 3.2 | -0.000 | Medium | -0.00 |
| 2026-07-15 | Inflation Rate MoM | 0.6 | 0.6 | -0.000 | Low | -0.00 |
| 2026-07-15 | Harmonised Inflation Rate YoY | 3.6 | 3.6 | -0.000 | Low | -0.00 |
| 2026-07-15 | CPI YoY | 3.2 | 3.2 | -0.000 | Medium | -0.00 |
| 2026-07-15 | Core Inflation Rate YoY | 2.9 | 2.9 | -0.000 | Low | -0.00 |
| 2026-07-15 | HICP YoY | 3.6 | 3.6 | -0.000 | Medium | -0.00 |
| 2026-07-15 | CPI MoM | 0.6 | 0.6 | -0.000 | Low | -0.00 |
| 2026-07-15 | Inflation Rate YoY | 3.2 | 3.2 | -0.000 | Low | -0.00 |
| 2026-07-15 | Harmonised Inflation Rate MoM | 0.6 | 0.6 | -0.000 | Low | -0.00 |
| 2026-07-15 | HICP MoM | 0.6 | 0.6 | -0.000 | Low | -0.00 |