Inflation Spain 2009
Average inflation: -0.3%
Current Inflation
There is deflation with consumer prices declining by 0.3%.
Peak and Trough
The highest inflation was in January at 0.8%. The lowest inflation was in July at -1.4%.
- Highest month
- January: 0.8%
- Lowest month
- July: -1.4%
- Difference
- 2.2 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 8.8%. The lowest price increase was in Transport with an average of -5.7%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 8.8%
- Lowest increase
- Transport: -5.7%
Historical Context
Current inflation is 3.0% lower than the 5-year average of 2.7%.
- 5-year average
- 2.7%
- 10-year average
- 3%
- All-time high (2008)
- 4.1%
- All-time low (2009)
- -0.3%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +4.4 percentage point.
- Change vs. previous year
- -4.4 percentage points
- Largest monthly swing
- July: -6.7 percentage points
ECB Target
Inflation is 2.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 0.8% | -3.5 |
| February | 0.7% | -3.7 |
| March | -0.1% | -4.6 |
| April | -0.2% | -4.4 |
| May | -0.9% | -5.5 |
| June | -1.0% | -6.0 |
| July | -1.4% | -6.7 |
| August | -0.8% | -5.7 |
| September | -1.0% | -5.5 |
| October | -0.7% | -4.3 |
| November | 0.3% | -2.1 |
| December | 0.8% | -0.6 |
| Average | -0.3% |
Data source
Data from OECD. Last updated: 11/01/2026.