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

Consumer prices in Spain increased by 1.9 percent year-on-year in May 2017, easing from a 2.6 percent gain in April and in line with preliminary estimates. It was the lowest inflation rate since December last year, as prices of fuel and tourist packages dropped. On a monthly basis, consumer prices edged down 0.1 percent compared with an increase of 1 percent in April. Inflation Rate in Spain averaged 6.83 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 Actual Previous Consensus Forecast (i)
2017-05-12 07:00 AM Apr 2.6% 2.3% 2.6% 2.6%
2017-05-30 07:00 AM May 1.9% 2.6% 2.1% 2.2%
2017-06-13 07:00 AM May 1.9% 2.6% 1.9% 1.9%
2017-06-29 07:00 AM Jun 1.9% 1.5%
2017-07-13 07:00 AM Jun 1.9%
2017-07-28 07:00 AM Jul 1.75%




Spain Inflation Rate Confirmed At 1.9% In May


Consumer prices in Spain increased by 1.9 percent year-on-year in May 2017, easing from a 2.6 percent gain in April and in line with preliminary estimates. It was the lowest inflation rate since December last year, as prices of fuel and tourist packages dropped. On a monthly basis, consumer prices edged down 0.1 percent compared with an increase of 1 percent in April.

Year-on-year, consumer prices advanced slower for transport (3.4 percent vs 6.2 percent), recreation and culture (1.2 percent vs 3.4 percent) and hotels, cafes and restaurants (1.8 percent vs 2 percent). Meanwhile, inflation was steady for food and non-alcoholic beverages (1.1 percent) and housing (5.4 percent),

Annual core inflation, which strips out volatile food and energy prices, was 1 percent, lower than 1.2 percent a month earlier.

On a monthly basis, consumer prices decreased 0.1 percent compared to a 1 percent increase in April.

The EU-harmonised index rose 2 percent year-on-year, lower than 2.6 percent in April. The monthly rate was unchanged compared to 0.9 percent increase in April.

INE | Yekaterina Guchshina | yekaterina@tradingeconomics.com
6/13/2017 7:14:18 AM


Recent Releases

Spanish Inflation Rate Slows To 5-Month Low
Consumer prices in Spain are expected to increase by 1.9 percent year-on-year in May 2017, easing from a 2.6 percent gain in April and missing market expectations of 2.1 percent. It was the lowest inflation rate since December last year, as prices of fuel and tourist packages dropped.
Published on 2017-05-30

Spain Inflation Rate Confirmed At 2.6% In April
Spanish consumer prices rose 2.6 percent year-on-year in April, compared to a 2.3 percent increase in the previous month and marching preliminary estimates. Higher inflation rate was mainly driven by faster rise in cost of housing and utilities and cafes, hotels and restaurants and rebound in prices of recreation and culture.
Published on 2017-05-12

Spain Inflation Rate Rises To 2.6% In April
Consumer prices in Spain are expected to went up 2.6 percent year-on-year in April of 2017, higher than 2.3 percent in March and above market expectations of 2.5 percent. The rise was mainly due to higher prices of tourist services during the Easter week while electricity cost was stable compared to a fall a year ago.
Published on 2017-04-27

Spain Inflation Rate Confirmed At A 3-Month Low Of 2.3%
Consumer prices in Spain increased 2.3 percent year-on-year in March of 2017, down from 3 percent in each of the previous two months and in line with preliminary estimates. It is the lowest rate in three months, due to a slowdown in cost of transport, housing and food, namely diesel, gasoline and electricity, final figures showed.
Published on 2017-04-12



Spain Prices Last Previous Highest Lowest Unit
Inflation Rate 1.90 2.60 28.43 -1.37 percent [+]
Inflation Rate Mom -0.10 1.00 4.58 -1.90 percent [+]
Harmonised Consumer Prices 102.16 102.21 102.21 53.60 Index Points [+]
Consumer Price Index CPI 101.98 102.60 102.60 1.83 Index Points [+]
Core Consumer Prices 101.39 101.30 101.39 9.42 Index Points [+]
Core Inflation Rate 1.20 0.86 27.10 -0.10 percent [+]
Producer Prices 108.20 108.20 112.90 13.60 Index Points [+]
Producer Prices Change 5.90 5.80 24.60 -6.70 percent [+]
Export Prices 109.10 107.70 113.40 13.70 Index Points [+]
Import Prices 108.00 106.30 116.80 12.20 Index Points [+]
Food Inflation 1.10 1.40 7.20 -2.75 percent [+]
Cpi Housing Utilities 102.84 102.58 107.89 66.03 Index Points [+]
Cpi Transportation 104.69 104.17 110.76 71.87 Index Points [+]


Spain Inflation Rate Notes

In Spain, the most important categories in the consumer price index are food and non-alcoholic beverages (20 percent of the total weight), transport (15 percent), housing and utilities (13 percent) and hotels, cafés and restaurants (12 percent). The index also includes: Recreation and culture (9 percent); miscellaneous goods and services (7 percent); and clothing and footwear (7 percent). Furnishings, household equipment and routine maintenance of the house; health; communications; alcoholic beverages and tobacco; and education account for the remaining 18 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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.90 2.60 28.43 -1.37 1955 - 2017 percent Monthly
2011=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 3.60 May/17
Canada 1.60 Apr/17
China 1.50 May/17
Euro Area 1.40 May/17
France 0.80 May/17
Germany 1.50 May/17
India 2.18 May/17
Indonesia 4.33 May/17
Italy 1.40 May/17
Japan 0.40 Apr/17
Mexico 6.16 May/17
Netherlands 1.10 May/17
Russia 4.10 May/17
South Korea 2.00 May/17
Spain 1.90 May/17
Switzerland 0.50 May/17
Turkey 11.72 May/17
United Kingdom 2.90 May/17
United States 1.90 May/17