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

Spanish consumer prices rose 3 percent from a year earlier in January 2017, following a 1.6 percent increase in the previous month and in line with the preliminary reading. It was the highest inflation rate since October 2012, as prices rose at a faster pace for transport, housing and food. Core inflation, which strips out volatile food and energy prices, was 1.1 percent on year, compared to a reading of 1 percent in December. On a monthly basis, consumer prices fell 0.5 percent after growing by 0.6 percent in December. Inflation Rate in Spain averaged 6.85 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)
2017-01-13 08:00 AM Dec 1.6% 0.7% 1.5% 1.5%
2017-01-31 08:00 AM Jan 3% 1.6% 2.3% 2.1%
2017-02-15 08:00 AM Jan 3% 1.6% 3.0% 2.3%
2017-02-27 08:00 AM Feb 3% 3.31%
2017-03-14 08:00 AM Feb 3% 3.31%
2017-03-30 07:00 AM Mar 3.23%




Spanish Inflation Rate At More Than 4-Year High


Spanish consumer prices rose 3 percent from a year earlier in January 2017, following a 1.6 percent increase in the previous month and in line with the preliminary reading. It was the highest inflation rate since October 2012, as prices rose at a faster pace for transport, housing and food.

Year-on-year, the biggest upward pressure came from: Transport (7.6 percent from 4.7 percent in December); housing and utilities (7.4 percent from 0.8 percent); and food and non-alcoholic beverages (1 percent from 0.8 percent). Prices also rose for: Miscellaneous goods and services (1.4 percent); hotels, cafés and restaurants (1.2 percent); recreation and culture (0.9 percent); and clothing and footwear (0.9 percent). Meanwhile, cost fell 0.2 percent for furnishings and household equipment.

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

On a monthly basis, consumer prices fell 0.5 percent, following a 0.6 percent gain in December due to lower prices for clothing and footwear (-15.3 percent) and recreation and culture (-1.5 percent).

The EU-harmonised index rose by 2.9 percent on the year, the biggest gain since December 2012, but fell 1 percent on the month.

INE | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/15/2017 10:37:08 AM



Spain Prices Last Previous Highest Lowest Unit
Inflation Rate 3.00 1.60 28.43 -1.37 percent [+]
Inflation Rate Mom -0.50 0.60 4.58 -1.90 percent [+]
Harmonised Consumer Prices 100.50 101.49 101.57 53.60 Index Points [+]
Consumer Price Index CPI 101.50 105.11 105.11 1.83 Index Points [+]
Core Consumer Prices 99.80 105.87 105.87 9.42 Index Points [+]
Core Inflation Rate 1.00 0.85 27.10 -0.10 percent [+]
Producer Prices 108.50 106.90 112.90 13.60 Index Points [+]
Producer Prices Change 2.80 0.60 24.60 -6.70 percent [+]
Export Prices 109.20 108.00 113.40 13.70 Index Points [+]
Import Prices 102.50 103.30 116.80 12.20 Index Points [+]
Food Inflation 0.80 0.40 7.20 -2.75 percent [+]
Cpi Transportation 104.40 100.85 108.00 70.08 Index Points [+]



Spain Inflation Rate Notes

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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 1.60 28.43 -1.37 1955 - 2017 percent Monthly
2011=100



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Russia 5.00 Jan/17
Rwanda 12.00 Jan/17
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