Spain Inflation Rate  1955-2017 | Data | Chart | Calendar | Forecast

Spanish consumer prices increased 3 percent year-on-year in February of 2017, the same as in the previous month and in line with preliminary estimates. Prices rose at a faster pace for transport and food while slowed for housing, driven by lower electricity cost. On a monthly basis, prices fell 0.4 percent, compared to 0.3 percent drop according to preliminary estimates. Inflation Rate in Spain averaged 6.84 percent from 1955 until 2017, 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.

Spain Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-15 08:00 AM Jan 3% 1.6% 3.0% 2.3%
2017-02-27 08:00 AM Feb 3% 3% 3.3% 3.2%
2017-03-14 08:00 AM Feb 3% 3% 3% 3%
2017-03-30 07:00 AM Mar 3% 3%
2017-04-12 07:00 AM Mar 3%
2017-04-27 07:00 AM Apr 2.70%




Spain Inflation Rate Confirmed At 3% In February


Spanish consumer prices increased 3 percent year-on-year in February of 2017, the same as in the previous month and in line with preliminary estimates. Prices rose at a faster pace for transport and food while slowed for housing, driven by lower electricity cost. On a monthly basis, prices fell 0.4 percent, compared to 0.3 percent drop according to preliminary estimates.

Year-on-year, the biggest upward pressure came from: transport (8.5 percent from 7.6 percent in January); food and non-alcoholic beverages (1.7 percent from 1 percent) and housing and utilities (5.9 percent from 7.4 percent). Prices also rose for: miscellaneous goods and services (1 percent from 1.4 percent); hotels, cafés and restaurants (1.3 percent from 1.2 percent); recreation and culture (1.3 percent from 0.9 percent); and clothing and footwear (0.9 percent, at the same pace as in January). Meanwhile, cost fell 0.4 percent for furnishings and household equipment (-0.2 percent in January).

Annual core inflation, which strips out volatile food and energy prices, was 1 percent, compared to a reading of 1.1 percent a month earlier. 

On a monthly basis, consumer prices fell 0.4 percent, following a 0.5 percent drop in January due to lower prices for clothing and footwear (-1.6 percent) and housing (-3 percent).

The EU-harmonised index rose by 3 percent on the year, but fell 0.3 percent on the month.

Yekaterina Guchshina | yekaterina@tradingeconomics.com
3/14/2017 8:14:01 AM



Spain Prices Last Previous Highest Lowest Unit
Inflation Rate 3.00 3.00 28.43 -1.37 percent [+]
Inflation Rate Mom -0.40 -0.50 4.58 -1.90 percent [+]
Harmonised Consumer Prices 100.13 100.50 101.57 53.60 Index Points [+]
Consumer Price Index CPI 101.12 101.49 102.05 1.83 Index Points [+]
Core Consumer Prices 99.70 99.76 101.26 9.42 Index Points [+]
Core Inflation Rate 1.00 1.10 27.10 -0.10 percent [+]
Producer Prices 109.10 110.60 112.90 13.60 Index Points [+]
Producer Prices Change 7.30 7.60 24.60 -6.70 percent [+]
Export Prices 108.70 109.10 113.40 13.70 Index Points [+]
Import Prices 107.20 106.10 116.80 12.20 Index Points [+]
Food Inflation 1.70 1.00 7.20 -2.75 percent [+]
Cpi Transportation 104.41 103.42 110.76 71.87 Index Points [+]



Spain Inflation Rate Notes

In Spain, the most important categories in the consumer price index are food and non-alcoholic beverages (20 percent of the total weight), transport (15 percent), housing and utilities (13 percent) and hotels, cafés and restaurants (12 percent). The index also includes: Recreation and culture (9 percent); miscellaneous goods and services (7 percent); and clothing and footwear (7 percent). Furnishings, household equipment and routine maintenance of the house; health; communications; alcoholic beverages and tobacco; and education account for the remaining 18 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.00 28.43 -1.37 1955 - 2017 percent Monthly
2011=100



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