Spain Inflation Rate 1955-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Spain was recorded at 0.10 percent in June of 2015. Inflation Rate in Spain averaged 7.03 percent from 1955 until 2015, 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).

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Spain Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.10 -0.20 28.43 -1.37 1955 - 2015 percent Monthly
2011=100
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 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. Content for - Spain Inflation Rate - was last refreshed on Wednesday, July 29, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-12 08:00 AM May -0.2% -0.6% -0.2% -0.2%
2015-06-29 08:00 AM Jun 0.1% -0.2% 0.1%
2015-07-14 08:00 AM Jun 0.1% -0.2% 0.1% 0.1%
2015-07-30 08:00 AM Jul 0.1% 0.2%
2015-08-13 08:00 AM Jul 0.1%
2015-08-28 08:00 AM Aug -0.99%


Spain Inflation Rate Confirmed at 0.1%


Consumer prices in Spain increased for the first time in 12 months by an annual 0.1 percent in June, matching preliminary estimates and following a 0.2 percent drop in May.

Prices of food and nonalcoholic beverages went up 1.8 percent, boosted by fruit, potatoes, olive oil and fish. Prices of housing and utilities decreased at a slower 0.9 percent as electricity cost increased while gas cost was stable. In contrast, transport prices fell at a faster 2.8 percent driven by fuels and lubricants.

On a monthly basis, consumer prices went up 0.3 percent, in line with earlier estimates but slowing from a 0.5 percent increase in May. Cost of housing and utilities accounted the most for the rise (up 1 percent), followed by food and nonalcoholic beverages (up 0.5 percent), recreation and culture (up 0.7 percent) and hotels, cafes and restaurants (up 0.4 percent). 

The harmonised index was flat on the year but  rose 0.2 percent from the previous month, matching preliminary estimates. 

INE | Joana Taborda | joana.taborda@tradingeconomics.com
7/14/2015 8:39:46 AM


Recent Releases

Prices in Spain Rise for the First Time in 12 Months
Consumer prices in Spain are expected to grow 0.1 percent year-on-year in June of 2015, up from a 0.2 percent drop in the previous month, as cost of energy and food rose the most.
Published on 2015-06-29

Spain Inflation Rate Confirmed at -0.2% in May
Consumer prices in Spain declined 0.2 percent year-on-year in May of 2015 compared to a 0.6 percent drop in April. While cost of transport, communications and leisure activities fell at a slower pace, food and accommodation prices accelerated.
Published on 2015-06-12

Spain Deflation Eases in May
Consumer prices in Spain are expected to fall 0.2 percent year-on-year in May of 2015, up from a 0.6 percent drop in the previous month, mainly due to an increase in energy prices.
Published on 2015-05-29

Spain Deflation Eases in April
Spanish consumer prices declined 0.6 percent year-on-year in April of 2015 from a 0.7 percent drop in March, as transport, housing and communications cost fell. It is the tenth consecutive month that Spain reports a deflation.
Published on 2015-05-13


Spain Prices Last Previous Highest Lowest Unit
Inflation Rate 0.10 -0.20 28.43 -1.37 percent [+]
Inflation Rate Mom 0.30 0.50 4.58 -1.85 percent [+]
Consumer Price Index CPI 104.43 104.11 104.56 1.83 Index Points [+]
Core Inflation Rate 0.64 0.50 27.10 -0.10 percent [+]
Harmonised Consumer Prices 121.80 121.54 121.90 117.66 Index Points [+]
Core Consumer Prices 104.35 104.22 104.35 9.42 Index Points [+]
Producer Prices 110.00 109.00 112.90 13.60 Index Points [+]
Producer Prices Change -1.40 -1.40 24.60 -6.70 percent [+]
Export Prices 112.50 108.30 113.40 13.70 Index Points [+]
Import Prices 105.50 105.10 116.80 12.20 Index Points [+]
Food Inflation 1.80 1.30 7.20 -2.75 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.50 Jun/15 1.30 23.90 -1.30 percent [+]
Brazil 8.89 Jun/15 8.47 6821.31 1.65 percent [+]
Canada 1.00 Jun/15 0.90 21.60 -17.80 percent [+]
China 1.40 Jun/15 1.20 28.40 -2.20 percent [+]
Euro Area 0.20 Jun/15 0.30 5.00 -0.70 percent [+]
France 0.30 Jun/15 0.30 18.80 -0.70 percent [+]
Germany 0.30 Jun/15 0.70 11.54 -7.62 percent [+]
India 5.40 Jun/15 5.01 11.16 4.38 percent [+]
Indonesia 7.26 Jun/15 7.15 82.40 -1.17 percent [+]
Italy 0.20 Jun/15 0.10 25.64 -0.60 percent [+]
Japan 0.50 May/15 0.60 25.00 -2.52 percent [+]
Mexico 2.87 Jun/15 2.88 179.73 2.87 percent [+]
Netherlands 1.00 Jun/15 1.10 11.19 -1.30 percent [+]
Russia 15.30 Jun/15 15.80 2333.30 3.60 percent [+]
South Korea 0.70 Jun/15 0.50 32.50 0.20 percent [+]
Spain 0.10 Jun/15 -0.20 28.43 -1.37 percent [+]
Switzerland -1.00 Jun/15 -1.20 11.92 -1.37 percent [+]
Turkey 7.20 Jun/15 8.09 138.71 -4.01 percent [+]
United Kingdom 0.00 Jun/15 0.10 8.50 -0.10 percent [+]
United States 0.10 Jun/15 0.00 23.70 -15.80 percent [+]