Inflation Spain 2012
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in October at 3.5%. The lowest inflation was in March at 1.9%.
- Highest month
- October: 3.5%
- Lowest month
- March: 1.9%
- Difference
- 1.6 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 5.9%. The lowest price increase was in Communication with an average of -3.4%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 5.9%
- Lowest increase
- Communication: -3.4%
Historical Context
Current inflation is around the 5-year average of 2.2%.
- 5-year average
- 2.2%
- 10-year average
- 2.7%
- All-time high (2008)
- 4.1%
- All-time low (2009)
- -0.3%
Trend
Inflation has remained relatively stable. Compared to 2011, the difference is minimal (-0.8 percentage point).
- Change vs. previous year
- -0.8 percentage points
- Largest monthly swing
- March: -1.7 percentage points
ECB Target
Inflation is 0.4% 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 €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 2.0% | -1.3 |
| February | 2.0% | -1.6 |
| March | 1.9% | -1.7 |
| April | 2.1% | -1.7 |
| May | 1.9% | -1.6 |
| June | 1.9% | -1.3 |
| July | 2.2% | -0.9 |
| August | 2.7% | -0.3 |
| September | 3.4% | +0.3 |
| October | 3.5% | +0.5 |
| November | 2.9% | 0.0 |
| December | 2.9% | +0.5 |
| Average | 2.4% |
Data source
Data from OECD. Last updated: 11/01/2026.