Spain Inflation Rate 1955-2014 | Data | Chart | Calendar | Forecast

Prices in Spain decreased by 0.40 percent in November of 2014. Inflation Rate in Spain averaged 7.10 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. Inflation Rate in Spain is reported by the National Statistics Institute (INE).

      Forecast    
Spain Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.40 -0.10 28.43 -1.37 1955 - 2014 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 - Spain Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Spain Inflation Rate - was last refreshed on Thursday, December 18, 2014.


Spain Falls Further Into Deflation


Spanish consumer prices fell for the fifth consecutive month by 0.4 percent year-on-year in November of 2014, compared to a 0.1 percent drop in October driven by a fall in fuel and electricity cost. The figure matched preliminary estimates.

The biggest price decreases were reported for transport (-1.7 percent) due to lower prices of fuel and lubricants;
recreation and culture (-1.5 percent) and communication (-5.8 percent). The cost of housing, electricity and water remained the same though the electricity prices fell.

In contrast, education cost increased 1.3 percent, miscellaneous goods and services went up by 1.2 percent; alcoholic beverages and tobacco and clothing and footwear rose 0.4 percent each and food prices increased 0.2 percent.

On a monthly basis, prices were down 0.1 percent in November compared with 0.5 percent growth in the previous month. 

The EU-harmonized index decreased 0.5 percent year-on-year and 0.2 percent month-over-month.

Joana Taborda | joana.taborda@tradingeconomics.com
12/12/2014 12:49:12 PM


Recent Releases

Spanish Consumer Prices Continue to Fall
Spanish consumer prices are expected to fall for the fifth consecutive month by 0.4 percent year-on-year in November of 2014, compared to a 0.1 percent drop in October. Published on 2014-11-27

Spanish CPI Drops 0.1% in October
Spain’s consumer prices remained in the negative territory in October of 2014 for the fourth consecutive month. Cost of goods and services decreased 0.1 percent compared with 0.2 percent drop in September, according to final estimate from National Institute of Statistics. Published on 2014-11-13


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-13 08:00 AM
Inflation Rate YoY - Final  Oct
-0.1% -0.2% -0.1% -0.1%
2014-11-27 08:00 AM
Inflation Rate YoY  Nov
-0.4% -0.1% -0.02%
2014-12-12 08:00 AM
Inflation Rate YoY - Final  Nov
-0.4% -0.1% -0.3% -0.4%
2014-12-30 08:00 AM
Inflation Rate YoY  Dec
0.18%
2015-01-02 08:00 AM
Inflation Rate YoY  Dec
2015-01-15 08:00 AM
Inflation Rate YoY - Final  Dec


Spain Prices Last Previous Highest Lowest Unit
Inflation Rate -0.40 -0.10 28.43 -1.37 percent [+]
Inflation Rate Mom -0.10 0.50 4.58 -1.85 percent [+]
Consumer Price Index CPI 104.08 104.15 104.56 1.83 Index Points [+]
Core Inflation Rate -0.08 -0.06 27.10 -0.10 percent [+]
Harmonised Consumer Prices 121.07 121.35 121.90 119.19 Index Points [+]
Core Consumer Prices 103.86 103.47 103.93 9.42 Index Points [+]
Producer Prices 111.40 112.00 112.90 13.60 Index Points [+]
Producer Prices Change -0.20 -0.30 24.60 -6.70 percent [+]
Export Prices 110.90 107.30 113.40 13.70 Index Points [+]
Import Prices 108.00 107.40 116.80 12.20 Index Points [+]
Food Inflation 0.36 -0.80 7.20 -2.75 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.56 Nov/14 6.59 6821.31 1.65 percent [+]
Canada 2.40 Oct/14 2.00 21.60 -17.80 percent [+]
China 1.40 Nov/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.30 Nov/14 0.40 5.00 -0.70 percent [+]
France 0.30 Nov/14 0.50 18.80 -0.70 percent [+]
Germany 0.57 Nov/14 0.80 11.54 -7.62 percent [+]
India 4.38 Nov/14 5.52 11.16 4.38 percent [+]
Indonesia 6.23 Nov/14 4.83 82.40 -1.17 percent [+]
Italy 0.19 Nov/14 0.10 25.64 -2.44 percent [+]
Japan 2.90 Oct/14 3.20 25.00 -2.52 percent [+]
Mexico 4.17 Nov/14 4.30 179.73 2.91 percent [+]
Netherlands 1.00 Nov/14 1.10 11.19 -1.30 percent [+]
Russia 9.10 Nov/14 8.30 2333.30 3.60 percent [+]
South Korea 1.00 Nov/14 1.20 32.50 0.20 percent [+]
Spain -0.40 Nov/14 -0.10 28.43 -1.37 percent [+]
Switzerland -0.10 Nov/14 0.00 11.92 -1.37 percent [+]
Turkey 9.15 Nov/14 8.96 138.71 -4.01 percent [+]
United Kingdom 1.00 Nov/14 1.30 8.50 0.50 percent [+]
United States 1.30 Nov/14 1.70 23.70 -15.80 percent [+]