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