Spain
-0.4
▬
vs 1w ago (-0.8)
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
-0.4
1 Week Ago
-0.8
Releases (90d)
89
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend with IBEX 35 Overlay
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- Core Inflation Rate YoY +3.82z
- Unemployment Rate +1.94z
- Employment Change +0.52z
- New Car Sales YoY +0.92z
- New Car Sales YoY +0.92z
▼ Top Negative Surprises
- CPI YoY -2.01z
- HICP MoM -2.17z
- CPI MoM -1.98z
- S&P Global Services PMI -0.59z
- CPI YoY -0.51z
All Releases — 90 Day Window (89 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-08-28 | Core Inflation Rate YoY | 2.9 | 3.8 | +3.819 | Low | +69.10 |
| 2026-07-30 | CPI YoY | 3.5 | 3.2 | -2.008 | Medium | -37.18 |
| 2026-07-28 | Unemployment Rate | 9.87 | 10.7 | +1.939 | Medium | +34.28 |
| 2026-08-13 | HICP MoM | 0.0 | -0.1 | -2.174 | Low | -27.80 |
| 2026-08-13 | CPI MoM | 0.3 | 0.2 | -1.975 | Low | -25.26 |
| 2026-09-03 | S&P Global Services PMI | 57.8 | 59.0 | -0.593 | Medium | -24.64 |
| 2026-09-02 | Employment Change | 44.419 | 15.4 | +0.524 | Medium | +21.30 |
| 2026-08-28 | CPI YoY | 4.3 | 4.2 | -0.510 | Medium | -18.45 |
| 2026-09-01 | S&P Global Manufacturing PMI | 49.5 | 50.1 | -0.464 | Medium | -18.43 |
| 2026-09-01 | New Car Sales YoY | 11.8 | 2.5 | +0.921 | Low | +18.27 |
| 2026-09-01 | New Car Sales YoY | 11.8 | 2.5 | +0.921 | Low | +18.27 |
| 2026-08-28 | HICP YoY | 4.5 | 4.6 | +0.477 | Medium | +17.25 |
| 2026-09-10 | Consumer Confidence | 84.1 | 81.5 | +0.352 | Medium | +17.21 |
| 2026-07-30 | Gross Domestic Product QoQ | 0.7 | 0.6 | +0.900 | Medium | +16.66 |
| 2026-08-13 | Harmonised Inflation Rate MoM | 0.0 | -0.1 | -1.238 | Low | -15.84 |
| 2026-08-13 | CPI YoY | 3.6 | 3.5 | -0.612 | Medium | -15.66 |
| 2026-09-03 | S&P Global Composite PMI | 55.8 | 57.4 | -0.717 | Low | -14.91 |
| 2026-08-13 | HICP YoY | 3.9 | 3.8 | -0.577 | Medium | -14.77 |
| 2026-07-30 | Gross Domestic Product YoY | 2.7 | 2.5 | +1.542 | Low | +14.28 |
| 2026-08-28 | Retail Sales MoM | -0.9 | 0.5 | -0.747 | Low | -13.51 |
| 2026-07-30 | GDP Growth Rate YoY | 2.7 | 2.5 | +0.484 | High | +13.44 |
| 2026-07-30 | GDP Growth Rate QoQ | 0.7 | 0.6 | +0.467 | High | +12.98 |
| 2026-08-28 | CPI MoM | 0.7 | 0.6 | -0.658 | Low | -11.91 |
| 2026-08-04 | Employment Change | 19.5 | -20.3 | +0.546 | Medium | +11.34 |
| 2026-07-30 | HICP YoY | 3.8 | 3.7 | -0.593 | Medium | -10.97 |
| 2026-08-28 | Retail Sales YoY | -0.3 | 0.9 | -0.560 | Low | -10.13 |
| 2026-07-30 | HICP MoM | -0.1 | -0.2 | -1.087 | Low | -10.06 |
| 2026-08-28 | HICP MoM | 0.6 | 0.8 | +0.543 | Low | +9.83 |
| 2026-08-03 | Tourist Arrivals YoY | 2.9 | 9.8 | -0.791 | Low | -8.03 |
| 2026-08-03 | New Car Sales YoY | 3.7 | -1.7 | +0.786 | Low | +7.98 |
| 2026-07-30 | Harmonised Inflation Rate MoM | -0.1 | -0.2 | -0.619 | Low | -5.73 |
| 2026-08-13 | Inflation Rate MoM | 0.3 | 0.2 | -0.443 | Low | -5.66 |
| 2026-08-28 | Harmonised Inflation Rate MoM | 0.6 | 0.8 | +0.309 | Low | +5.60 |
| 2026-08-28 | Inflation Rate MoM | 0.7 | 0.6 | -0.148 | Medium | -5.34 |
| 2026-07-30 | Core Inflation Rate YoY | 3.0 | 2.9 | -0.556 | Low | -5.15 |
| 2026-08-25 | Producer Price Index YoY | 9.2 | 5.8 | -0.289 | Low | -4.89 |
| 2026-07-28 | Retail Sales MoM | 0.3 | -0.3 | +0.534 | Low | +4.72 |
| 2026-08-28 | Business Confidence | -3.9 | -3.0 | -0.128 | Medium | -4.62 |
| 2026-08-28 | Business Confidence | -3.9 | -3.0 | -0.128 | Medium | -4.62 |
| 2026-06-29 | Inflation Rate MoM | 0.6 | 0.4 | -0.443 | Medium | -4.00 |
| 2026-07-14 | Consumer Confidence | 81.2 | 79.0 | +0.307 | Medium | +3.93 |
| 2026-09-01 | Tourist Arrivals YoY | 4.6 | 4.0 | +0.168 | Low | +3.34 |
| 2026-07-02 | Tourist Arrivals YoY | 9.5 | 6.0 | +0.655 | Low | +3.18 |
| 2026-06-29 | Harmonised Inflation Rate MoM | 0.6 | 0.4 | -0.619 | Low | -2.80 |
| 2026-07-01 | New Car Sales YoY | 7.8 | 2.5 | +0.525 | Low | +2.49 |
| 2026-09-10 | Industrial Production YoY | 2.3 | 1.6 | +0.091 | Low | +2.22 |
| 2026-07-28 | Retail Sales YoY | 0.5 | 1.1 | -0.229 | Low | -2.02 |
| 2026-08-28 | Inflation Rate YoY | 4.3 | 4.2 | -0.054 | Medium | -1.95 |
| 2026-08-06 | Industrial Production YoY | 1.1 | 2.5 | -0.116 | Low | -1.26 |
| 2026-07-30 | Inflation Rate YoY | 3.5 | 3.4 | -0.067 | Medium | -1.23 |
| 2026-07-24 | Producer Price Index YoY | 7.0 | 10.1 | +0.152 | Low | +1.22 |
| 2026-06-29 | Harmonised Inflation Rate YoY | 3.6 | 3.3 | -0.265 | Low | -1.20 |
| 2026-08-28 | Harmonised Inflation Rate YoY | 4.5 | 4.6 | +0.063 | Low | +1.14 |
| 2026-08-13 | Harmonised Inflation Rate YoY | 3.9 | 3.8 | -0.077 | Low | -0.98 |
| 2026-08-13 | Inflation Rate YoY | 3.6 | 3.5 | -0.065 | Low | -0.83 |
| 2026-07-02 | Employment Change | -28.7 | -40.8 | +0.083 | Medium | +0.80 |
| 2026-07-30 | Harmonised Inflation Rate YoY | 3.8 | 3.7 | -0.079 | Low | -0.73 |
| 2026-08-31 | Current Account | 2.41 | 3.6 | -0.037 | Low | -0.72 |
| 2026-07-31 | Current Account | 1.84 | 4.5 | -0.066 | Low | -0.63 |
| 2026-07-21 | Balance of Trade | -8.24 | -4.7 | -0.041 | Medium | -0.62 |
| 2026-06-25 | Producer Price Index YoY | 10.5 | 8.1 | -0.146 | Low | -0.60 |
| 2026-06-29 | Business Confidence | -2.4 | -2.1 | -0.061 | Medium | -0.55 |
| 2026-07-03 | Industrial Production YoY | 3.4 | 2.3 | +0.099 | Low | +0.49 |
| 2026-06-29 | Retail Sales MoM | 0.6 | 1.0 | -0.107 | Low | -0.48 |
| 2026-06-23 | Balance of Trade | -5.2 | -2.5 | -0.059 | Medium | -0.47 |
| 2026-07-03 | Consumer Confidence | 77.7 | 78.0 | -0.042 | Medium | -0.42 |
| 2026-08-18 | Balance of Trade | -7.69 | -6.3 | -0.012 | Medium | -0.35 |
| 2026-06-30 | Current Account | 1.88 | 4.3 | -0.063 | Low | -0.29 |
| 2026-07-30 | Business Confidence | -2.6 | -2.7 | +0.016 | Medium | +0.29 |
| 2026-06-29 | Retail Sales YoY | 1.3 | 1.2 | +0.035 | Low | +0.16 |
| 2026-06-25 | Gross Domestic Product QoQ | 0.6 | 0.6 | +0.000 | Medium | +0.00 |
| 2026-06-25 | GDP Growth Rate QoQ | 0.6 | 0.6 | +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 YoY | 2.7 | 2.7 | +0.000 | Low | +0.00 |
| 2026-06-29 | Inflation Rate 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 | CPI YoY | 3.2 | 3.2 | -0.000 | Medium | -0.00 |
| 2026-07-15 | HICP MoM | 0.6 | 0.6 | -0.000 | Low | -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 | Inflation Rate MoM | 0.6 | 0.6 | -0.000 | Low | -0.00 |
| 2026-07-15 | CPI MoM | 0.6 | 0.6 | -0.000 | Low | -0.00 |
| 2026-07-15 | CPI YoY | 3.2 | 3.2 | -0.000 | Medium | -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 | Harmonised Inflation Rate YoY | 3.6 | 3.6 | -0.000 | Low | -0.00 |
| 2026-07-30 | CPI MoM | 0.2 | 0.2 | -0.000 | Low | -0.00 |
| 2026-07-30 | Inflation Rate MoM | 0.2 | 0.2 | -0.000 | Medium | -0.00 |
| 2026-08-13 | Core Inflation Rate YoY | 3.0 | 3.0 | -0.000 | Low | -0.00 |