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Economic Surprises Spain
Spain -2.1 ▬ vs 1w ago (-1.8)
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
-2.1
1 Week Ago
-1.8
Releases (90d)
126
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 (126 events)
Date Event Actual Estimate Surprise Z Impact Contribution
2026-05-06 S&P Global Services PMI 47.9 52.0 -2.294 Medium -81.10
2026-04-28 Unemployment Rate 10.83 9.8 -2.687 Medium -78.96
2026-04-30 Consumer Confidence 66.9 82.0 -1.998 Medium -61.50
2026-05-14 Consumer Confidence 77.7 69.0 +1.368 Medium +58.19
2026-05-04 S&P Global Manufacturing PMI 51.7 49.5 +1.655 Medium +55.86
2026-03-27 HICP YoY 3.3 3.9 +3.215 Medium +45.10
2026-04-29 CPI YoY 3.2 3.5 +1.432 Medium +43.07
2026-05-06 S&P Global Composite PMI 48.7 52.2 -2.000 Low -35.36
2026-04-30 Gross Domestic Product QoQ 0.6 0.5 +1.035 Medium +31.85
2026-04-29 CPI MoM 0.4 0.6 +1.841 Low +27.69
2026-04-07 S&P Global Services PMI 53.3 50.8 +1.432 Medium +25.90
2026-04-30 GDP Growth Rate QoQ 0.6 0.5 +0.556 High +25.65
2026-05-05 Employment Change -62.7 -18.6 -0.652 Medium -22.53
2026-04-01 Manufacturing PMI 48.7 50.4 -1.362 Medium -21.45
2026-04-01 S&P Global Manufacturing PMI 48.7 50.4 -1.256 Medium -19.78
2026-03-27 CPI YoY 3.3 3.6 +1.392 Medium +19.54
2026-04-24 Producer Price Index YoY 3.4 -2.0 -1.310 Low -17.55
2026-04-06 Employment Change -22.9 10.3 -0.887 Medium -15.67
2026-04-14 HICP YoY 3.4 3.3 -0.633 Medium -13.47
2026-04-14 Core Inflation Rate YoY 2.9 2.7 -1.265 Low -13.45
2026-02-27 HICP YoY 2.5 2.3 -1.817 Medium -13.35
2026-02-27 HICP YoY 2.5 2.3 -1.817 Medium -13.35
2026-02-27 HICP YoY 2.5 2.3 -1.817 Medium -13.35
2026-02-27 HICP YoY 2.5 2.3 -1.817 Medium -13.35
2026-04-14 CPI YoY 2.9 2.7 -1.238 Low -13.16
2026-04-14 CPI MoM 1.2 1.0 -1.105 Low -11.75
2026-04-29 Core Inflation Rate YoY 2.8 2.7 -0.632 Low -9.51
2026-04-29 Inflation Rate MoM 0.4 0.6 +0.291 Medium +8.76
2026-05-08 Industrial Production YoY 1.8 -1.8 +0.409 Low +7.58
2026-04-01 Tourist Arrivals YoY 2.8 1.5 +0.956 Low +7.53
2026-03-27 CPI MoM 1.0 1.2 +0.921 Low +6.46
2026-04-07 S&P Global Composite PMI 52.4 51.3 +0.640 Low +5.79
2026-02-27 CPI YoY 2.3 2.2 -0.759 Medium -5.58
2026-04-29 HICP MoM 0.7 0.6 -0.366 Low -5.51
2026-04-28 Retail Sales MoM 1.2 0.5 +0.370 Low +5.44
2026-03-04 Services PMI 51.9 52.9 -0.645 Medium -5.32
2026-03-04 Services PMI 51.9 52.9 -0.645 Medium -5.32
2026-03-04 Services PMI 51.9 52.9 -0.645 Medium -5.32
2026-03-26 Gross Domestic Product YoY 2.7 2.6 +0.740 Low +5.07
2026-02-27 Core Inflation Rate YoY 2.7 2.5 -1.366 Low -5.02
2026-03-04 HCOB Services PMI 51.9 52.8 -0.566 Medium -4.67
2026-03-04 HCOB Composite PMI 51.5 53.4 -1.119 Low -4.61
2026-03-25 Producer Price Index YoY -7.0 -2.9 +0.686 Low +4.59
2026-03-04 S&P Global Services PMI 51.9 52.9 -0.550 Medium -4.54
2026-03-27 HICP MoM 1.5 2.1 +0.628 Low +4.41
2026-02-24 Consumer Confidence 80.5 76.0 +0.642 Medium +4.40
2026-03-04 S&P Global Composite PMI 51.5 53.4 -1.061 Low -4.38
2026-03-04 S&P Global Services PMI 51.9 52.8 -0.496 Medium -4.09
2026-04-29 Inflation Rate YoY 3.2 3.4 +0.131 Medium +3.95
2026-03-27 Inflation Rate YoY 3.3 3.7 +0.241 Medium +3.39
2026-04-09 Industrial Production YoY -1.1 1.5 -0.355 Low -3.36
2026-05-05 Tourist Arrivals YoY 3.3 4.0 -0.193 Low -3.33
2026-03-12 Consumer Confidence 83.9 81.5 +0.320 Medium +3.17
2026-03-30 Business Confidence -4.2 -2.8 -0.207 Medium -3.12
2026-03-30 Business Confidence -4.2 -2.8 -0.207 Medium -3.12
2026-04-14 HICP MoM 1.7 1.5 -0.293 Low -3.12
2026-03-27 Harmonised Inflation Rate YoY 3.3 3.9 +0.442 Low +3.10
2026-04-29 Harmonised Inflation Rate MoM 0.7 0.6 -0.204 Low -3.07
2026-03-02 New Car Sales YoY 7.5 1.8 +0.766 Low +3.02
2026-02-27 HICP MoM 0.4 0.3 -0.733 Low -2.69
2026-02-27 HICP MoM 0.4 0.3 -0.733 Low -2.69
2026-02-27 HICP MoM 0.4 0.3 -0.733 Low -2.69
2026-02-27 HICP MoM 0.4 0.3 -0.733 Low -2.69
2026-03-30 Retail Sales MoM -0.1 0.3 -0.353 Low -2.65
2026-03-27 Harmonised Inflation Rate MoM 1.5 2.1 +0.350 Low +2.46
2026-02-27 Inflation Rate MoM 0.4 0.3 -0.291 Medium -2.14
2026-04-29 Business Confidence -5.0 -6.0 +0.069 Medium +2.08
2026-03-27 Inflation Rate MoM 1.0 1.2 +0.146 Medium +2.04
2026-03-03 Employment Change 3.584 37.5 -0.249 Medium -2.00
2026-03-11 Retail Sales MoM 0.1 -0.2 +0.397 Low +1.92
2026-04-14 Inflation Rate MoM 1.2 1.0 -0.175 Low -1.86
2026-04-14 Harmonised Inflation Rate MoM 1.7 1.5 -0.163 Low -1.74
2026-02-27 CPI 2.3 2.2 -0.222 Medium -1.63
2026-03-26 GDP Growth Rate YoY 2.7 2.6 +0.231 Low +1.58
2026-02-27 Harmonised Inflation Rate MoM 0.4 0.3 -0.408 Low -1.50
2026-03-30 Retail Sales YoY 2.2 3.8 -0.175 Low -1.31
2026-03-02 HCOB Manufacturing PMI 50.0 49.8 +0.144 Medium +1.14
2026-04-28 Retail Sales YoY 4.1 3.5 +0.071 Low +1.04
2026-04-14 Harmonised Inflation Rate YoY 3.4 3.3 -0.087 Low -0.93
2026-02-27 Harmonised Inflation Rate YoY 2.5 2.3 -0.250 Low -0.92
2026-03-04 Tourist Arrivals YoY 1.2 1.0 +0.221 Low +0.91
2026-04-01 New Car Sales YoY 11.7 8.0 +0.112 Low +0.88
2026-04-01 New Car Sales YoY 11.7 8.0 +0.112 Low +0.88
2026-02-27 Inflation Rate YoY 2.3 2.2 -0.102 Medium -0.75
2026-05-04 New Car Sales YoY 8.4 7.1 +0.044 Low +0.75
2026-04-14 Inflation Rate YoY 3.4 3.3 -0.068 Low -0.72
2026-03-05 Industrial Production YoY 0.3 1.7 -0.169 Low -0.71
2026-03-02 Manufacturing PMI 50.0 50.1 -0.081 Medium -0.63
2026-03-02 S&P Global Manufacturing PMI 50.0 50.1 -0.074 Medium -0.59
2026-03-02 S&P Global Manufacturing PMI 50.0 49.9 +0.075 Medium +0.59
2026-04-30 Current Account 4.04 3.0 +0.038 Low +0.58
2026-04-30 Current Account 4.04 3.0 +0.038 Low +0.58
2026-02-26 Business Confidence -2.6 -3.2 +0.078 Medium +0.56
2026-05-19 Balance of Trade -4.4 -5.6 +0.012 Medium +0.55
2026-03-23 Balance of Trade -4.0 -6.4 +0.020 Medium +0.26
2026-04-21 Balance of Trade -3.3 -2.8 -0.010 Medium -0.24
2026-02-25 Producer Price Index YoY -2.9 -3.2 -0.045 Low -0.16
2026-03-11 Retail Sales YoY 4.0 4.2 -0.020 Low -0.10
2026-03-31 Current Account 2.73 2.9 -0.006 Low -0.05
2026-02-27 Current Account 1.8 2.0 -0.011 Low -0.04
2026-03-13 Core Inflation Rate YoY 2.7 2.7 -0.000 Low -0.00
2026-03-13 CPI YoY 2.7 2.7 -0.000 Low -0.00
2026-03-13 HICP MoM 0.4 0.4 -0.000 Low -0.00
2026-03-13 Harmonised Inflation Rate MoM 0.4 0.4 -0.000 Low -0.00
2026-03-13 CPI 2.7 2.7 -0.000 Low -0.00
2026-03-13 HICP YoY 2.5 2.5 -0.000 Medium -0.00
2026-03-13 Inflation Rate MoM 0.4 0.4 -0.000 Low -0.00
2026-03-13 Harmonised Inflation Rate YoY 2.5 2.5 -0.000 Low -0.00
2026-03-13 Inflation Rate YoY 2.3 2.3 -0.000 Low -0.00
2026-03-13 CPI MoM 0.4 0.4 -0.000 Low -0.00
2026-03-26 GDP Growth Rate QoQ 0.8 0.8 +0.000 Low +0.00
2026-03-26 Gross Domestic Product QoQ 0.8 0.8 +0.000 Medium +0.00
2026-03-27 Core Inflation Rate YoY 2.7 2.7 -0.000 Low -0.00
2026-04-29 HICP YoY 3.5 3.5 -0.000 Medium -0.00
2026-04-29 Harmonised Inflation Rate YoY 3.5 3.5 -0.000 Low -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 Inflation Rate YoY 3.2 3.2 -0.000 Low -0.00
2026-05-14 Core Inflation Rate YoY 2.8 2.8 -0.000 Low -0.00
2026-05-14 Harmonised Inflation Rate YoY 3.5 3.5 -0.000 Low -0.00
2026-05-14 HICP MoM 0.7 0.7 -0.000 Low -0.00
2026-05-14 Inflation Rate 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 CPI MoM 0.4 0.4 -0.000 Low -0.00
2026-05-14 HICP YoY 3.5 3.5 -0.000 Medium -0.00
2026-05-14 CPI YoY 3.2 3.2 -0.000 Medium -0.00

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms