Inflation Spain 2014

Average inflation: -0.1%

Current Inflation

There is deflation with consumer prices declining by 0.1%.

Peak and Trough

The highest inflation was in April at 0.4%. The lowest inflation was in December at -1.0%.

Highest month
April: 0.4%
Lowest month
December: -1.0%
Difference
1.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 1.8%. The lowest price increase was in Communication with an average of -6.1%.

Highest increase
Education: 1.8%
Lowest increase
Communication: -6.1%

Historical Context

Current inflation is 1.8% lower than the 5-year average of 1.7%.

5-year average
1.7%
10-year average
2.2%
All-time high (2008)
4.1%
All-time low (2009)
-0.3%

Trend

Inflation shows a downward trend. Compared to 2013, inflation has fallen by +1.5 percentage point.

Change vs. previous year
-1.5 percentage points
Largest monthly swing
February: -2.8 percentage points

ECB Target

Inflation is 2.1% 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 €99.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2014

Inflation by category

Food and non-alcoholic beverages
-0.3%
-0.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.5%
+1.6vs avg.
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Clothing and footwear
0.1%
+0.2vs avg.
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Housing, water, electricity, gas and other fuels
1.3%
+1.4vs avg.
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Furnishings, household equipment and maintenance
-0.5%
-0.4vs avg.
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Health
0.1%
+0.2vs avg.
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Transport
-0.9%
-0.8vs avg.
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Communication
-6.1%
-6.0vs avg.
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Recreation and culture
-1.4%
-1.3vs avg.
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Education
1.8%
+1.9vs avg.
More details →
Restaurants and hotels
0.5%
+0.6vs avg.
More details →
Miscellaneous goods and services
1.0%
+1.1vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2013
January 0.2% -2.5
February 0.0% -2.8
March -0.1% -2.5
April 0.4% -1.0
May 0.2% -1.5
June 0.1% -2.0
July -0.3% -2.1
August -0.5% -2.0
September -0.2% -0.5
October -0.1% 0.0
November -0.4% -0.6
December -1.0% -1.3
Average -0.1%

Data source

Data from OECD. Last updated: 11/01/2026.

See also