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

Consumer prices in Spain increased 1.6 percent year-on-year in August of 2017, following a 1.5 percent rise in the previous month and in line with the preliminary estimate. It is the highest inflation rate in three months, mainly due to rising transport prices, namely fuel. Inflation Rate in Spain averaged 6.80 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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Spain Inflation Rate Confirmed at 3-Month High of 1.6%


Consumer prices in Spain increased 1.6 percent year-on-year in August of 2017, following a 1.5 percent rise in the previous month and in line with the preliminary estimate. It is the highest inflation rate in three months, mainly due to rising transport prices, namely fuel.

Year-on-year, consumer prices rose faster for: transport (3.3 percent vs 2.4 percent in July), namely fuels (7 percent vs 3.7 percent); housing and utilities (3.3 percent vs 3.2 percent); hotels, cafes and restaurants (2.3 percent vs 2.1 percent) and clothing and footwear (0.5 percent vs 0.4 percent).

On the other hand, cost was unchanged for food and non-alcoholic beverages (from 0.1 percent) while slowed for recreation and culture (0.7 percent vs 1.2 percent); miscellaneous goods and services (0.6 percent vs 1 percent) and communication (0.7 percent vs 1.5 percent). Also, prices fell less for furniture and household equipment (-0.5 percent vs -0.6 percent).

Annual core inflation, which strips out volatile food and energy prices, was 1.2 percent, lower than 1.4 percent a month earlier.

On a monthly basis, consumer prices went up 0.2 percent, compared to a 0.7 percent decrease in the preceding month.

The EU-harmonised index rose 2.0 percent year-on-year, higher than 1.7 percent in July. The monthly rate edged up 0.2 percent compared to a 1.2 percent drop in July.


INE | Luisa Carvalho | luisa.carvalho@tradingeconomics.com
9/13/2017 9:16:28 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-11 07:00 AM Inflation Rate YoY Final 1.5% 1.5% 1.5% 1.5%
2017-08-30 07:00 AM Inflation Rate YoY Prel 1.6% 1.5% 1.7% 1.7%
2017-09-13 07:00 AM Inflation Rate YoY Final 1.6% 1.5% 1.6% 1.6%
2017-09-28 07:00 AM Inflation Rate YoY Prel 1.6% 1.8%
2017-10-11 07:00 AM Inflation Rate YoY Final 1.6%
2017-10-30 07:00 AM Inflation Rate YoY Prel 1.60%


Spain Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 1.50 28.43 -1.37 percent [+]
Inflation Rate Mom 0.20 -0.70 4.58 -1.90 percent [+]
Harmonised Consumer Prices 101.19 100.93 102.22 53.60 Index Points [+]
Consumer Price Index CPI 101.53 101.30 102.60 1.83 Index Points [+]
Core Consumer Prices 101.06 100.90 101.62 9.42 Index Points [+]
Core Inflation Rate 1.20 1.40 27.10 -0.10 percent [+]
Producer Prices 108.40 108.40 112.90 13.60 Index Points [+]
Producer Prices Change 3.20 3.20 24.60 -6.70 percent [+]
Export Prices 106.60 108.70 113.40 13.70 Index Points [+]
Import Prices 103.40 105.70 116.80 12.20 Index Points [+]
Food Inflation 0.00 0.10 7.20 -2.75 percent [+]
CPI Housing Utilities 103.02 102.89 107.89 66.03 Index Points [+]
CPI Transportation 103.68 102.80 110.76 71.87 Index Points [+]


Spain Inflation Rate

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.50 28.43 -1.37 1955 - 2017 percent Monthly
2011=100




inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.46 Aug/17
Canada 1.40 Aug/17
China 1.80 Aug/17
Euro Area 1.50 Aug/17
France 0.90 Aug/17
Germany 1.80 Aug/17
India 3.36 Aug/17
Indonesia 3.82 Aug/17
Italy 1.20 Aug/17
Japan 0.40 Jul/17
Mexico 6.66 Aug/17
Netherlands 1.40 Aug/17
Russia 3.30 Aug/17
South Korea 2.60 Aug/17
Spain 1.60 Aug/17
Switzerland 0.50 Aug/17
Turkey 10.68 Aug/17
United Kingdom 2.90 Aug/17
United States 1.90 Aug/17