Inflation Spain 2005
Average inflation: 3.4%
Current Inflation
Inflation is high at 3.4%, well above the ECB target.
Peak and Trough
The highest inflation was in September at 3.7%. The lowest inflation was in January at 3.1%.
- Highest month
- September: 3.7%
- Lowest month
- January: 3.1%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 6.3%. The lowest price increase was in Communication with an average of -1.6%.
- Highest increase
- Transport: 6.3%
- Lowest increase
- Communication: -1.6%
Historical Context
Current inflation is around the 5-year average of 3.2%. This approaches the highest level since records began (3.6% in 2001).
- 5-year average
- 3.2%
- 10-year average
- 3.3%
- All-time high (2001)
- 3.6%
- All-time low (2004)
- 3%
Trend
Inflation has remained relatively stable. Compared to 2004, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- March: +1.3 percentage points
ECB Target
Inflation is 1.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 3.1% | +0.8 |
| February | 3.3% | +1.2 |
| March | 3.4% | +1.3 |
| April | 3.5% | +0.8 |
| May | 3.1% | -0.3 |
| June | 3.1% | -0.4 |
| July | 3.3% | -0.1 |
| August | 3.3% | 0.0 |
| September | 3.7% | +0.5 |
| October | 3.5% | -0.1 |
| November | 3.4% | -0.1 |
| December | 3.7% | +0.5 |
| Average | 3.4% |
Data source
Data from OECD. Last updated: 13/01/2026.