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

Spanish consumer prices fell 0.1 percent year-on-year in August 2016, following a 0.6 percent drop in July and in line with preliminary estimates. It was the lowest deflation since December last year, as cost of transport and housing decreased at a slower pace while prices rose for leisure activities and miscellaneous goods and services. Core inflation, which strips out volatile food and energy prices, was recorded at 0.9 percent compared to a reading of 0.7 percent a month earlier. On a monthly basis, consumer prices advanced 0.1 percent after dropping by 0.7 percent in July. Inflation Rate in Spain averaged 6.89 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
-0.10 -0.60 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-12 07:00 AM Jul -0.6% -0.8% -0.6% -0.6%
2016-08-30 07:00 AM Aug -0.1% -0.6% -0.5% -0.4%
2016-09-13 07:00 AM Aug -0.1% -0.6% -0.1% -0.1%
2016-09-29 07:00 AM Sep -0.1% 0.1% 0.3%
2016-10-14 07:00 AM Sep -0.1%
2016-10-28 07:00 AM Oct 0.2%

Spain Consumer Prices Drop the Least in 8 Months


Spanish consumer prices fell 0.1 percent year-on-year in August 2016, following a 0.6 percent drop in July and in line with preliminary estimates. It was the lowest deflation since December last year, as cost of transport and housing decreased at a slower pace while prices rose for leisure activities and miscellaneous goods and services.

Compared with the same month a year earlier, prices fell at a slower pace for: transport (-1.9 percent from -4.1 percent in July); and housing and utilities (-4.4 percent from -5.6 percent). Additional downward pressure came from health (-0.1 percent).

In contrast, prices rose for: recreation and culture (+0.2 percent from -0.6 percent in July); and miscellaneous goods and services (+1.8 percent from +1.1 percent). Additional upward pressure came from: Communication (+2.7 percent); food and non-alcoholic beverages (+1.8 percent); clothing and footwear (+0.7 percent); and education (+0.5 percent).

Core inflation, which strips out volatile food and energy prices, was recorded at 0.9 percent compared to a reading of 0.7 percent a month earlier.

On a monthly basis, consumer prices advanced 0.1 percent after dropping by 0.7 percent in the previous month, mainly boosted by higher prices of recration and culture (+1.6 percent) and miscellaneous goods and services (+0.6 percent).

The harmonized index fell 0.3 percent on the year and was unchanged on the month. 

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
9/13/2016 7:40:12 AM

Spain Prices Last Previous Highest Lowest Unit
Inflation Rate -0.10 -0.60 28.43 -1.37 percent [+]
Inflation Rate Mom 0.10 -0.70 4.58 -1.90 percent [+]
Harmonised Consumer Prices 99.21 99.25 101.57 53.60 Index Points [+]
Consumer Price Index CPI 102.94 102.80 104.56 1.83 Index Points [+]
Core Consumer Prices 104.40 104.04 105.01 9.42 Index Points [+]
Core Inflation Rate 0.91 0.67 27.10 -0.10 percent [+]
Producer Prices 104.80 105.00 112.90 13.60 Index Points [+]
Producer Prices Change -3.10 -4.60 24.60 -6.70 percent [+]
Export Prices 109.70 108.30 113.40 13.70 Index Points [+]
Import Prices 101.50 101.30 116.80 12.20 Index Points [+]
Food Inflation 1.80 2.50 7.20 -2.75 percent [+]
Cpi Transportation 97.88 97.93 108.00 70.08 Index Points [+]




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Afghanistan 7.32 Aug/16
Albania 2.00 Aug/16
Algeria 7.43 Jul/16
Angola 38.18 Aug/16
Argentina 40.50 Apr/16
Armenia -1.90 Aug/16
Aruba -1.10 Jul/16
Australia 1.00 Jun/16
Austria 0.60 Aug/16
Azerbaijan 10.80 Aug/16
Bahamas -0.33 Jun/16
Bahrain 2.60 Aug/16
Bangladesh 5.37 Aug/16
Barbados -1.20 Apr/16
Belarus 11.80 Aug/16
Belgium 2.16 Aug/16
Belize 1.00 Jul/16
Benin -1.20 Aug/16
Bhutan 3.31 Jun/16
Bolivia 3.49 Aug/16
Bosnia and Herzegovina -1.20 Aug/16
Botswana 2.60 Aug/16
Brazil 8.97 Aug/16
Brunei -0.70 Aug/16
Bulgaria -0.30 Aug/16
Burkina Faso -0.70 Jul/16
Burundi 6.60 Aug/16
Cambodia 3.25 Jun/16
Cameroon 0.64 Jun/16
Canada 1.10 Aug/16
Cape Verde -1.80 Aug/16
Cayman Islands -2.80 Mar/16
Central African Republic 38.04 Feb/16
Chad -1.10 Jul/16
Chile 3.40 Aug/16
China 1.30 Aug/16
Colombia 8.10 Aug/16
Comoros 1.40 Dec/14
Congo 5.52 Jul/16
Costa Rica 0.60 Aug/16
Croatia -1.50 Aug/16
Cuba 4.40 Dec/15
Cyprus -0.36 Aug/16
Czech Republic 0.60 Aug/16
Denmark 0.20 Aug/16
Djibouti 2.00 Jul/16
Dominican Republic 1.47 Aug/16
East Timor -1.60 Aug/16
Ecuador 1.42 Aug/16
Egypt 15.50 Aug/16
El Salvador 0.95 Aug/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia 0.30 Aug/16
Ethiopia 5.90 Aug/16
Euro Area 0.20 Aug/16
European Union 0.30 Aug/16
Fiji 5.90 Aug/16
Finland 0.40 Aug/16
France 0.20 Aug/16
Gabon 2.09 Feb/16
Gambia 6.67 Dec/15
Georgia 0.90 Aug/16
Germany 0.40 Aug/16
Ghana 16.90 Aug/16
Greece -0.90 Aug/16
Guatemala 4.74 Aug/16
Guinea 8.20 May/16
Guinea Bissau 3.00 Jul/16
Guyana 0.62 Jul/16
Haiti 12.90 Jul/16
Honduras 2.51 Aug/16
Hong Kong 4.30 Aug/16
Hungary -0.10 Aug/16
Iceland 0.90 Aug/16
India 5.05 Aug/16
Indonesia 2.79 Aug/16
Iran 9.40 Aug/16
Iraq -0.40 Jul/16
Ireland -0.10 Aug/16
Israel -0.70 Aug/16
Italy -0.10 Aug/16
Ivory Coast -0.40 Aug/16
Jamaica 1.80 Aug/16
Japan -0.40 Jul/16
Jordan -0.60 Aug/16
Kazakhstan 17.60 Aug/16
Kenya 6.26 Aug/16
Kosovo 0.00 Aug/16
Kuwait 2.90 Aug/16
Kyrgyzstan 0.50 Aug/16
Laos 1.97 Jul/16
Latvia 0.00 Aug/16
Lebanon -0.79 Aug/16
Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.10 Aug/16
Lithuania 0.80 Aug/16
Luxembourg 0.16 Aug/16
Macau 1.65 Aug/16
Macedonia -0.30 Aug/16
Madagascar 6.70 Jul/16
Malawi 22.80 Aug/16
Malaysia 1.50 Aug/16
Maldives 0.10 Jul/16
Mali -3.70 Jul/16
Malta 1.00 Aug/16
Mauritania 1.60 Aug/16
Mauritius 0.90 Aug/16
Mexico 2.73 Aug/16
Moldova 3.60 Aug/16
Mongolia -0.20 Aug/16
Montenegro -0.50 Aug/16
Morocco 1.60 Aug/16
Mozambique 21.96 Aug/16
Myanmar 11.41 Dec/15
Namibia 6.80 Aug/16
Nepal 10.40 Jul/16
Netherlands 0.20 Aug/16
New Caledonia 0.80 Aug/16
New Zealand 0.40 Jun/16
Nicaragua 3.80 Aug/16
Niger 0.80 Aug/16
Nigeria 17.60 Aug/16
North Korea 55.00 Jul/13
Norway 4.00 Aug/16
Oman 1.34 Aug/16
Pakistan 3.56 Aug/16
Palestine 0.45 Aug/16
Panama 0.50 Aug/16
Papua New Guinea 6.50 Mar/16
Paraguay 3.20 Aug/16
Peru 2.94 Aug/16
Philippines 1.80 Aug/16
Poland -0.80 Aug/16
Portugal 0.70 Aug/16
Puerto Rico -1.40 Jul/16
Qatar 2.90 Aug/16
Republic of the Congo 3.70 Apr/15
Romania -0.20 Aug/16
Russia 6.90 Aug/16
Rwanda 7.50 Aug/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.30 Aug/16
Senegal 1.30 Aug/16
Serbia 1.20 Aug/16
Seychelles -1.60 Aug/16
Sierra Leone 8.77 Mar/16
Singapore -0.30 Aug/16
Slovakia -0.80 Aug/16
Slovenia 0.00 Aug/16
Somalia -4.00 Dec/14
South Africa 5.90 Aug/16
South Korea 0.40 Aug/16
South Sudan 729.70 Aug/16
Spain -0.10 Aug/16
Sri Lanka 4.00 Aug/16
Sudan 18.15 Aug/16
Suriname 63.80 Jun/16
Swaziland 7.40 Jul/16
Sweden 1.10 Aug/16
Switzerland -0.10 Aug/16
Syria 48.09 Dec/15
Taiwan 0.57 Aug/16
Tajikistan 6.40 Aug/16
Tanzania 4.90 Aug/16
Thailand 0.29 Aug/16
Togo -1.40 Aug/16
Trinidad and Tobago 2.90 Jul/16
Tunisia 3.80 Aug/16
Turkey 8.05 Aug/16
Turkmenistan 7.00 Dec/15
Uganda 4.80 Aug/16
Ukraine 8.40 Aug/16
United Arab Emirates 1.76 Jul/16
United Kingdom 0.60 Aug/16
United States 1.10 Aug/16
Uruguay 9.37 Aug/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 3.34 Sep/16
Yemen 9.49 Nov/14
Zambia 19.60 Aug/16
Zimbabwe -1.43 Aug/16