Inflation Spain 2007
Average inflation: 2.8%
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Peak and Trough
The highest inflation was in December at 4.2%. The lowest inflation was in July at 2.2%.
- Highest month
- December: 4.2%
- Lowest month
- July: 2.2%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 7.1%. The lowest price increase was in Health with an average of -1.5%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 7.1%
- Lowest increase
- Health: -1.5%
Historical Context
Current inflation is around the 5-year average of 3.1%. This approaches the lowest level since records began (2.8% in 2007).
- 5-year average
- 3.1%
- 10-year average
- 3.2%
- All-time high (2001)
- 3.6%
- All-time low (2007)
- 2.8%
Trend
Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-0.7 percentage point).
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- January: -1.8 percentage points
ECB Target
Inflation is 0.8% 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 €102.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 2.4% | -1.8 |
| February | 2.4% | -1.6 |
| March | 2.5% | -1.4 |
| April | 2.4% | -1.5 |
| May | 2.3% | -1.7 |
| June | 2.4% | -1.5 |
| July | 2.2% | -1.8 |
| August | 2.2% | -1.5 |
| September | 2.7% | -0.2 |
| October | 3.6% | +1.1 |
| November | 4.1% | +1.5 |
| December | 4.2% | +1.5 |
| Average | 2.8% |
Data source
Data from OECD. Last updated: 11/01/2026.