Inflation Spain 2015

Average inflation: -0.5%

Current Inflation

There is deflation with consumer prices declining by 0.5%.

Peak and Trough

The highest inflation was in June at 0.1%. The lowest inflation was in January at -1.3%.

Highest month
June: 0.1%
Lowest month
January: -1.3%
Difference
1.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Miscellaneous goods and services with an average of 1.6%. The lowest price increase was in Transport with an average of -4.5%.

Highest increase
Miscellaneous goods and services: 1.6%
Lowest increase
Transport: -4.5%

Historical Context

Current inflation is 1.8% lower than the 5-year average of 1.3%.

5-year average
1.3%
10-year average
1.8%
All-time high (2008)
4.1%
All-time low (2015)
-0.5%

Trend

Inflation shows a downward trend. Compared to 2014, inflation has fallen by +0.4 percentage point.

Change vs. previous year
-0.4 percentage points
Largest monthly swing
January: -1.5 percentage points

ECB Target

Inflation is 2.5% 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 €99.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Inflation by category

Food and non-alcoholic beverages
1.2%
+1.7vs avg.
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Alcoholic beverages, tobacco and narcotics
1.3%
+1.8vs avg.
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Clothing and footwear
0.3%
+0.8vs avg.
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Housing, water, electricity, gas and other fuels
-2.1%
-1.6vs avg.
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Furnishings, household equipment and maintenance
-0.2%
+0.3vs avg.
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Health
0.1%
+0.6vs avg.
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Transport
-4.5%
-4.0vs avg.
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Communication
-1.8%
-1.3vs avg.
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Recreation and culture
-0.4%
+0.1vs avg.
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Education
1.1%
+1.6vs avg.
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Restaurants and hotels
0.8%
+1.3vs avg.
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Miscellaneous goods and services
1.6%
+2.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2014
January -1.3% -1.5
February -1.1% -1.1
March -0.7% -0.6
April -0.6% -1.0
May -0.2% -0.4
June 0.1% 0.0
July 0.1% +0.4
August -0.4% +0.1
September -0.9% -0.7
October -0.7% -0.6
November -0.3% +0.1
December 0.0% +1.0
Average -0.5%

Data source

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

See also