Spain Inflation Rate  1955-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Spain declined 1.1 percent year-on-year in April of 2016, deepening from a 0.8 percent fall in the previous two months and in line with preliminary figures. The country stayed in deflation for the fourth straight month, mainly due to lower prices for holiday packs and electricity, final estimates confirmed. Inflation Rate in Spain averaged 6.93 percent from 1955 until 2016, reaching an all time high of 28.43 percent in August of 1977 and a record low of -1.37 percent in July of 2009. Inflation Rate in Spain is reported by the National Statistics Institute (INE).

Spain Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-1.10 -0.80 28.43 -1.37 1955 - 2016 percent Monthly
2011=100
In Spain, the most important categories in the consumer price index are food and non-alcoholic beverages (19 percent of the total weight), transport (16 percent) and housing and utilities (13 percent). The index also includes: restaurants, cafés and hotels (12 percent); miscellaneous goods and services (10 percent); clothing and footwear (8 percent) and recreation and culture (7 percent). Furnishings, household equipment and routine maintenance of the house; health; communications; alcoholic beverages and tobacco; and education account for the remaining 17 percent of total weight. This page provides the latest reported value for - Spain Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Inflation Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-13 07:00 AM Mar -0.8% -0.8% -0.8% -0.8%
2016-04-28 07:00 AM Apr -1.1% -0.8% -0.6%
2016-05-13 07:00 AM Apr -1.1% -0.8% -1.1% -1.1%
2016-05-30 07:00 AM May -1.1% -0.9%
2016-06-14 07:00 AM May -1.1%
2016-06-29 07:00 AM Jun 0.3%

Spanish Deflation Rate Confirmed at -1.1%


Consumer prices in Spain declined 1.1 percent year-on-year in April of 2016, deepening from a 0.8 percent fall in the previous two months and in line with preliminary figures. The country stayed in deflation for the fourth straight month, mainly due to lower prices for holiday packs and electricity, final estimates confirmed.

Downward pressure came from transport prices (down 5.1 percent), housing (down 7.1 percent), recreation and culture (down 2.6 percent) and health (down 0.2 percent) while biggest upward contributions came from food and non-alcoholic beverages (up 2 percent) and communication (up 3.4 percent). 

On a monthly basis, consumer prices went up 0.7 percent, also in line with preliminary figures and the biggest rise in a year. Cost of clothing and footwear jumped 10.6 percent and accounted the most for the rise as the new Spring-Summer season arrives. Transport prices went up 0.8 percent, boosted by fuels and lubricants. 

The harmonized index fell 1.2 percent on the year but gained 0.5 percent from the previous month. Monthly inflation has been previously reported at 0.4 percent. 

INE | Joana Taborda | joana.taborda@tradingeconomics.com
5/13/2016 8:38:12 AM

Spain Prices Last Previous Highest Lowest Unit
Inflation Rate -1.10 -0.80 28.43 -1.37 percent [+]
Inflation Rate Mom 0.70 0.60 4.58 -1.90 percent [+]
Harmonised Consumer Prices 99.62 99.15 101.57 53.60 Index Points [+]
Consumer Price Index CPI 102.47 101.85 104.56 1.83 Index Points [+]
Core Consumer Prices 104.67 103.86 104.87 9.42 Index Points [+]
Core Inflation Rate 0.74 1.10 27.10 -0.10 percent [+]
Producer Prices 102.30 101.50 112.90 13.60 Index Points [+]
Producer Prices Change -6.10 -5.40 24.60 -6.70 percent [+]
Export Prices 107.50 107.80 113.40 13.70 Index Points [+]
Import Prices 96.90 101.30 116.80 12.20 Index Points [+]
Food Inflation 2.00 1.70 7.20 -2.75 percent [+]
Cpi Transportation 96.16 95.39 108.00 70.08 Index Points [+]




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