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Economic Surprises Spain
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
Top Negative Surprises
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

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