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Madrid inflation falls to 5.1% in October as transport costs lead

Ramo by Ramo
13 November 2026
in Madrid, Spain News
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Consumer price inflation in the Comunidad de Madrid fell by two tenths of a percentage point to 5.1% in October, the lowest reading in the region since August, according to Europa Press. The figures come from the Instituto Nacional de Estadística (INE), Spain’s national statistics office, and were published on Friday 13 November 2026.

What happened

The Índice de Precios de Consumo (IPC), Spain’s consumer price index and the standard measure of inflation, stood at 5.1% in Madrid in October on an annual basis. Europa Press reports that these are the definitive INE figures. Month on month, prices in Madrid rose by 0.6%, and the increase so far this year reaches 4.4%.

The biggest annual rises in Madrid were in these categories:

  • Transport: 10.7% higher than in October 2025, which is 0.8 points lower than the annual rate recorded the previous month.
  • Housing, water, electricity, gas and other fuels: 6.2% higher, up 0.3 points on the previous month.
  • Restaurants and accommodation services: 5.4% higher, down 0.3 points.
  • Recreation, sport and culture: 4% higher, unchanged on the previous month.

The mildest increases were in clothing and footwear (1.5%), health (2.4%), education (2.5%) and food and non-alcoholic drinks (2.5%). Food slowed by 0.7 points compared with the previous month, while clothing and footwear rose by 1 point on the previous month’s rate.

Nationally, prices rose 0.6% on the month and the annual rate held at 4.9%, according to the same report. Madrid is therefore 0.2 points above the national figure. The highest regional rates were in Castilla y León, Castilla-La Mancha and Galicia, all at 5.3%. The lowest were in Andalusia (4.4%), the Canary Islands (4.5%) and Aragón (4.5%).

Europa Press also notes how the annual rate changed during the month. Prices grew most in Ceuta (up 1.1 points), Catalonia (up 0.3) and Asturias (up 0.2). They grew least in Andalusia, which fell 0.3 points, and in the Basque Country (Euskadi) and Madrid, which each fell 0.2 points.

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What it means for you

The source reports price statistics only. It does not mention any new measures, benefits or deadlines, so there is nothing here that residents need to apply for or change. What it does show is where costs are rising fastest in the Comunidad de Madrid.

Transport is the category to note. At 10.7%, it is the steepest annual rise in the region, even though the rate eased from the previous month. The source does not say which transport costs drive this, so it should not be read as a statement about fares on the Metro or buses. If you commute, run a car or travel often, compare your own spending with last October.

Housing-related costs are rising at 6.2% a year, and this category covers water, electricity, gas and other fuels. It was the one that accelerated most among the top four. Europa Press does not break it down, and it does not say whether the figure includes rent, so check your own bills and contract rather than assuming a link.

Eating out and accommodation are up 5.4%, so restaurants and hotels cost noticeably more than a year ago. By contrast, food and non-alcoholic drinks, mainly supermarket shopping, rose 2.5%, among the lowest of the categories reported.

If your rent, salary or any contract is tied to inflation, ask which index applies and which month it uses. The source does not cover this, so confirm the details with your landlord, employer or provider.

What to watch next

The next monthly IPC release from the INE will show whether the slowdown in Madrid continues. Watch the transport and housing lines in particular, because they are the ones driving the regional figure. Also watch the gap with the national rate, which stood at 4.9% in October against 5.1% in Madrid. The source gives no forecast, so any outlook should wait for the next INE data.

Source: Europa Press

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Sources

  • Europa Press: El IPC baja al 5,1% en la Comunidad de Madrid en octubre, pero transporte y vivienda registran los mayores crecimientos, accessed 13 November 2026

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Ramo

Ramo

Ramo is the editor of Mylistingo, which publishes daily local news and practical guides for internationals living in the Netherlands, the United Kingdom, Germany, France and Spain, in English, Arabic and local languages. Every article links to the sources it is based on.

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