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



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