Spain Inflation Rate

The inflation rate in Spain was recorded at -0.15 percent in March of 2014. Inflation Rate in Spain is reported by the National Statistics Institute (INE). Inflation Rate in Spain averaged 7.18 Percent from 1955 until 2014, 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. In Spain, the most important categories in the consumer price index are food and non-alcoholic beverages (20 percent of the total weight) and transport (15 percent). The index also includes: real estate (12 percent); hotels, coffee and restaurants (11.5 percent); clothing and footwear (9 percent) and entertainment and culture (7.5 percent). Health, communication, education and other goods and services account for the remaining 25 percent of total weight. This page provides - Spain Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.15 -0.02 28.43 -1.37 0.80 | 2014/04 1955 - 2014 Percent Monthly
2011=100

TO

Spain Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-02-28 08:00 AM Spain
Inflation Rate YoY
Feb 2014 -0.1% 0.2% 0.55%
2014-03-12 08:00 AM Spain
Inflation Rate YoY - Final
Feb 2014 0.0% -0.1% -0.1% -0.1%
2014-03-28 08:00 AM Spain
Inflation Rate YoY
Mar 2014 -0.2% 0.0% 0.68%
2014-04-11 08:00 AM Spain
Inflation Rate YoY - Final
Mar 2014 -0.1% 0.0% -0.2% -0.2%
2014-04-30 08:00 AM Spain
Inflation Rate YoY
Apr 2014 -0.1% 0.8%
2014-05-14 08:00 AM Spain
Inflation Rate YoY - Final
Apr 2014 -0.1%
[+]

Prices Last Previous Highest Lowest Forecast Unit
Core Inflation Rate 0.04 2014-03-15 0.14 27.10 -0.10 0.04 2014-04-30 Percent [+]
Consumer Price Index (CPI) 103.36 2014-03-15 103.13 104.56 1.84 103.94 2014-04-30 Index Points [+]
Core Consumer Prices 102.56 2014-03-15 102.09 103.93 9.42 103.47 2014-04-30 Index Points [+]
Export Prices 108.50 2014-02-15 108.50 113.40 13.70 109.18 2014-02-28 Index Points [+]
Harmonised Consumer Prices 121.14 2014-03-15 119.25 121.74 119.19 120.32 2014-04-30 Index Points [+]
Import Prices 106.50 2014-02-15 104.80 116.80 12.20 105.59 2014-02-28 Index Points [+]
Inflation Rate Mom 0.22 2014-03-15 -0.04 4.58 -1.85 0.88 2014-04-30 Percent [+]
Producer Prices 109.60 2014-02-15 110.40 112.90 13.60 108.47 2014-03-31 Index Points [+]
Producer Prices Change -2.90 2014-02-15 -1.90 24.60 -6.70 -1.31 2014-03-31 Percent [+]
Inflation Rate -0.15 2014-03-15 -0.02 28.43 -1.37 0.80 2014-04-30 Percent [+]
[+]


Spanish Inflation Rate Falls Less Than Expected

Spanish consumer prices fell by an annual 0.1 percent in March of 2014, less than a preliminary estimate of a 0.2 percent drop and compared to a flat reading in February.

Downward pressures came from prices of food and non-alcoholic beverages (slowed to 0.5 percent), mainly due to fresh fish, fruit, vegetables and oils. 

Communication prices dropped the most on the year (-6.9 percent), followed by cost of recreation and culture (-2.3 percent) and transport prices (-1.3 percent). 

On a monthly basis, the inflation rate accelerated to 0.2 percent, boosted by a 4.2 percent rise in clothing and footwear prices. 

Spanish EU-harmonized consumer prices fell 0.2 percent year-on-year, unchanged from a 0.2 percent fall in February. 

Core inflation, which strips out volatile food and energy prices, was 0.0 percent year on year in March, compared to a reading of 0.1 percent a month earlier.

Joana Taborda | joana.taborda@tradingeconomics.com
4/11/2014 9:47:52 AM

RECENT RELEASES

Spanish Inflation Rate Falls to 4-1/2-Year Low
Spanish consumer prices fell 0.2 percent on the year in March of 2014, according to preliminary estimates. It is the lowest rate since October of 2009. Published on 2014-03-28

Spain Inflation Rate Down to 4-Month Low
Spanish consumer prices stayed flat year-on-year in February of 2014, compared to a rise of 0.2 percent a month earlier and a preliminary estimate of a 0.1 percent fall. Published on 2014-03-12


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


RELATED NEWS

Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Spanish Inflation Rate Falls Less Than Expected  
Spanish consumer prices fell by an annual 0.1 percent in March of 2014, less than a preliminary estimate of a 0.2 percent drop and compared to a flat reading in February.
Spanish Inflation Rate Falls to 4-1/2-Year Low  
Spanish consumer prices fell 0.2 percent on the year in March of 2014, according to preliminary estimates. It is the lowest rate since October of 2009.
Spanish Trade Deficit Narrows in January over a Year Earlier  
In January of 2014, Spanish trade gap decreased 19.5 percent over a year earlier to € 2.81 billion. In contrast, the trade deficit widened 54 percent over December, as imports surged, signaling a recovery in domestic demand.
Spain Inflation Rate Down to 4-Month Low  
Spanish consumer prices stayed flat year-on-year in February of 2014, compared to a rise of 0.2 percent a month earlier and a preliminary estimate of a 0.1 percent fall.
Spanish Inflation Rate in Negative Territory  
In February of 2014, Spanish annual inflation rate is expected to fall 0.1 percent, preliminary data from the National Statistics Institute showed. It is the first time since October last year prices have fallen.
Spanish Q4 GDP Growth Revised Down  
In the last three months of 2013, the Spanish economy expanded 0.2 percent over the previous period, down from a 0.3 percent growth initially estimated. Still, Q4 economic growth was slightly faster than the 0.1 percent expansion recorded in the third quarter.
Spanish Trade Deficit Narrows 48.1% in 2013  
In 2013, Spanish trade deficit narrowed to € 15.96 billion, as exports hit a new record for the third straight year and imports fell. In 2012, the trade deficit was recorded at € 32 billion.
Spanish Inflation Slowdown Confirmed in January  
In the first month of 2014, Spain’s annual inflation rate slowed to 0.2 percent, one tenth lower than the rate registered in the previous month. This is the lowest rate for the month of January since the series started in 1961.
Spanish Inflation Rate Slows in January  
In January of 2014, Spanish national CPI eased to 0.2 percent, down from 0.3 percent in the last month of 2013, remaining well below European Central Bank target.
MORE RELATED NEWS

LATEST NEWS

Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News






Markets

GDP

Labour

Prices

Money

Trade

Government

Business

Consumer

Taxes

Housing