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

Consumer prices in Spain declined 1 percent year-on-year in May of 2016, following a 1.1 percent drop in April and in line with preliminary estimates. It is the 10th straight month consumer prices post no growth as housing and transport cost keeps falling although at a slower pace. Inflation Rate in Spain averaged 6.92 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
-1.00 -1.10 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-13 07:00 AM Apr -1.1% -0.8% -1.1% -1.1%
2016-05-30 07:00 AM May -1% -1.1% -1.1% -0.9%
2016-06-14 07:00 AM May -1% -1.1% -1% -1%
2016-06-29 07:00 AM Jun -1% -0.7%
2016-07-13 07:00 AM Jun -1%
2016-07-29 07:00 AM Jul -0.7%

Spanish Deflation Rate Confirmed at -1%


Consumer prices in Spain declined 1 percent year-on-year in May of 2016, following a 1.1 percent drop in April and in line with preliminary estimates. It is the 10th straight month consumer prices post no growth as housing and transport cost keeps falling although at a slower pace.

Year-on-year, housing prices declined at a slower pace (-6.5 percent following a 7.1 percent drop in April), boosted by higher electricity cost; prices of recreation and culture fell 1.9 percent (-2.6 percent in April) and transport prices dropped 4.9 percent (-5.1 percent in April) due to higher cost for fuels and lubricants.

In addition, prices of communication (1.8 percent following 3.3 percent in April) and food and non-alcoholic beverages (1.7 percent following 2 percent in April) rose at a slower pace.

On a monthly basis, consumer prices went up 0.5 percent, slowing from a 0.7 percent increase in April and lower than preliminary figures of a 0.6 percent rise. Biggest upward pressure came from transport cost (prices up 1.5 percent), followed by clothing and footwear (prices up 2.6 percent), food and non-alcoholic beverages (prices up 0.3 percent), housing (prices up 0.2 percent) and hotels, cafes and restaurants (prices up 0.2 percent). In contrast, the biggest downward pressure came from recreation and culture (prices down 0.2 percent).

The harmonized index fell 1.1 percent on the year but gained 0.5 percent from the previous month, matching preliminary estimates.

INE | Joana Taborda | joana.taborda@tradingeconomics.com
6/14/2016 8:39:23 AM

Spain Prices Last Previous Highest Lowest Unit
Inflation Rate -1.00 -1.10 28.43 -1.37 percent [+]
Inflation Rate Mom 0.50 0.70 4.58 -1.90 percent [+]
Harmonised Consumer Prices 100.16 99.62 101.57 53.60 Index Points [+]
Consumer Price Index CPI 103.07 102.47 104.56 1.83 Index Points [+]
Core Consumer Prices 104.98 104.67 104.98 9.42 Index Points [+]
Core Inflation Rate 0.72 0.74 27.10 -0.10 percent [+]
Producer Prices 103.00 102.20 112.90 13.60 Index Points [+]
Producer Prices Change -5.50 -6.10 24.60 -6.70 percent [+]
Export Prices 107.20 107.50 113.40 13.70 Index Points [+]
Import Prices 99.70 96.90 116.80 12.20 Index Points [+]
Food Inflation 1.70 2.00 7.20 -2.75 percent [+]
Cpi Transportation 97.61 96.16 108.00 70.08 Index Points [+]




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Afghanistan 5.00 May/16
Albania 0.70 May/16
Algeria 6.08 May/16
Angola 29.23 May/16
Argentina 40.50 Apr/16
Armenia -2.10 May/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.60 May/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.70 May/16
Bangladesh 5.45 May/16
Barbados -1.40 Feb/16
Belarus 12.40 May/16
Belgium 2.20 May/16
Belize 0.10 Apr/16
Benin -0.10 May/16
Bhutan 3.03 Mar/16
Bolivia 5.02 May/16
Bosnia and Herzegovina -1.60 May/16
Botswana 2.80 May/16
Brazil 9.32 May/16
Brunei -0.30 May/16
Bulgaria -2.00 May/16
Burkina Faso 2.00 May/16
Burundi 2.70 May/16
Cambodia 2.03 Mar/16
Cameroon 1.47 Dec/15
Canada 1.50 May/16
Cape Verde -1.00 May/16
Cayman Islands -2.80 Mar/16
Central African Republic 25.58 Jun/14
Chad 0.60 Apr/16
Chile 4.20 May/16
China 2.00 May/16
Colombia 8.20 May/16
Comoros 1.40 Dec/14
Congo 2.16 Apr/16
Costa Rica 0.43 May/16
Croatia -1.80 May/16
Cuba 4.40 Dec/15
Cyprus -2.13 May/16
Czech Republic 0.10 May/16
Denmark 0.10 May/16
Djibouti 2.60 Mar/15
Dominican Republic 1.71 May/16
East Timor -1.70 May/16
Ecuador 1.63 May/16
Egypt 12.30 May/16
El Salvador 0.73 May/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.90 May/16
Ethiopia 7.90 May/16
Euro Area -0.10 May/16
European Union -0.10 May/16
Fiji 5.20 May/16
Finland 0.30 May/16
France 0.00 May/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 2.10 May/16
Germany 0.10 May/16
Ghana 18.90 May/16
Greece -0.90 May/16
Guatemala 4.27 May/16
Guinea 8.20 May/16
Guinea Bissau 2.20 Apr/16
Guyana 0.30 Mar/16
Haiti 15.10 May/16
Honduras 2.36 May/16
Hong Kong 2.60 May/16
Hungary -0.20 May/16
Iceland 1.60 Jun/16
India 5.76 May/16
Indonesia 3.33 May/16
Iran 7.40 Apr/16
Iraq 2.50 May/16
Ireland 0.00 May/16
Israel -0.80 May/16
Italy -0.30 May/16
Ivory Coast 2.30 May/16
Jamaica 2.10 May/16
Japan -0.30 Apr/16
Jordan -1.60 May/16
Kazakhstan 16.70 May/16
Kenya 5.00 May/16
Kosovo -0.10 May/16
Kuwait 2.80 May/16
Kyrgyzstan 0.30 May/16
Laos 0.96 Apr/16
Latvia -0.80 May/16
Lebanon -2.45 May/16
Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
Luxembourg -0.03 May/16
Macau 2.64 May/16
Macedonia -0.70 May/16
Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
Mali -0.60 May/16
Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
Montenegro -1.00 May/16
Morocco 1.90 May/16
Mozambique 18.27 May/16
Myanmar 14.59 Nov/15
Namibia 6.70 May/16
Nepal 10.00 May/16
Netherlands 0.00 May/16
New Caledonia 0.80 May/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 May/16
Niger 2.10 May/16
Nigeria 15.60 May/16
North Korea 55.00 Jul/13
Norway 3.40 May/16
Oman 1.14 May/16
Pakistan 3.17 May/16
Palestine -0.31 May/16
Panama 0.30 May/16
Papua New Guinea 6.40 Dec/15
Paraguay 3.50 May/16
Peru 3.54 May/16
Philippines 1.60 May/16
Poland -0.90 May/16
Portugal 0.30 May/16
Puerto Rico -0.20 Apr/16
Qatar 2.60 May/16
Republic of the Congo 3.70 Apr/15
Romania -3.50 May/16
Russia 7.30 May/16
Rwanda 4.40 May/16
Sao Tome and Principe 6.00 Apr/16
Saudi Arabia 4.10 May/16
Senegal 1.30 Apr/16
Serbia 0.70 May/16
Seychelles -1.20 May/16
Sierra Leone 8.85 Dec/15
Singapore -1.60 May/16
Slovakia -0.80 May/16
Slovenia -0.40 May/16
Somalia -4.00 Dec/14
South Africa 6.10 May/16
South Korea 0.80 May/16
South Sudan 295.00 May/16
Spain -1.00 May/16
Sri Lanka 4.80 May/16
Sudan 13.98 May/16
Suriname 46.10 Apr/16
Swaziland 8.50 Apr/16
Sweden 0.60 May/16
Switzerland -0.40 May/16
Syria 44.70 Nov/15
Taiwan 1.24 May/16
Tajikistan 5.20 May/16
Tanzania 5.20 May/16
Thailand 0.46 May/16
Togo 2.40 May/16
Trinidad and Tobago 3.50 Apr/16
Tunisia 3.60 May/16
Turkey 6.58 May/16
Turkmenistan 7.00 Dec/15
Uganda 5.40 May/16
Ukraine 7.50 May/16
United Arab Emirates 1.60 May/16
United Kingdom 0.30 May/16
United States 1.00 May/16
Uruguay 11.00 May/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.40 Jun/16
Yemen 9.49 Nov/14
Zambia 21.30 May/16
Zimbabwe -1.69 May/16