Monthly year-over year inflation rate of the lodging industry in Spain 2019-2022

Published by
Ana M. López,
May 22, 2024
Travel accommodation services in Spain experienced an annual increase of 27.6 percent in the Harmonized Index of Consumer Prices (HICP) in June 2022 – the second highest growth recorded since January 2019. After registering a deflation during the COVID-19 pandemic, the Spanish accommodation industry has experienced an overall continuous HICP growth since summer of 2021.

Annual change in the Harmonized Index of Consumer Prices of travel accommodation services in Spain from January 2019 to May 2022

Characteristic2019202020212022
Dec 2.7% -10.7% 19.3% -
Nov 3.3% -11.6% 14.5% -
Oct 2.1% -11.9% 11.7% -
Sep 2.4% -11.7% 7.6% -
Aug 1.9% -8.8% 7.8% -
Jul 3.1% -11.1% 5.1% -
Jun 4.7% 3.3% -13.1% -
May 4.6% 3.3% -16.4% 27.6%
Apr 5.3% 3.2% -16.2% 30.1%
Mar 0.7% 3.1% -12.4% 19.1%
Feb 2.3% 4.6% -11.7% 13.4%
Jan 2.1% 2.4% -6.6% 11.8%
Showing entries 1 to 12 (12 entries in total)
Created with Highcharts 7.2.2Inflation rate2.1%2.1%2.3%2.3%0.7%0.7%5.3%5.3%4.6%4.6%4.7%4.7%3.1%3.1%1.9%1.9%2.4%2.4%2.1%2.1%3.3%3.3%2.7%2.7%2.4%2.4%4.6%4.6%3.1%3.1%3.2%3.2%3.3%3.3%3.3%3.3%-11.1%-11.1%-8.8%-8.8%-11.7%-11.7%-11.9%-11.9%-11.6%-11.6%-10.7%-10.7%-6.6%-6.6%-11.7%-11.7%-12.4%-12.4%-16.2%-16.2%-16.4%-16.4%-13.1%-13.1%5.1%5.1%7.8%7.8%7.6%7.6%11.7%11.7%14.5%14.5%19.3%19.3%11.8%11.8%13.4%13.4%19.1%19.1%30.1%30.1%27.6%27.6%2019202020212022JanFebMarAprMayJunJulAugSepOctNovDec
-20%-10%0%10%20%30%40%

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Release date

June 2022

Region

Spain

Survey time period

January 2019 to May 2022

Special properties

with 2015 as base year

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Spanish
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