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. 2014-04-21

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

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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 2014-01-15 110.70 113.40 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 104.80 2014-01-15 111.00 116.80 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.


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