Inflation Spain 2016
Average inflation: -0.2%
Current Inflation
There is deflation with consumer prices declining by 0.2%.
Peak and Trough
The highest inflation was in December at 1.6%. The lowest inflation was in April at -1.1%.
- Highest month
- December: 1.6%
- Lowest month
- April: -1.1%
- Difference
- 2.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Communication with an average of 2.6%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of -4.2%.
- Highest increase
- Communication: 2.6%
- Lowest increase
- Housing, water, electricity, gas and other fuels: -4.2%
Historical Context
Current inflation is 0.8% lower than the 5-year average of 0.6%.
- 5-year average
- 0.6%
- 10-year average
- 1.5%
- All-time high (2008)
- 4.1%
- All-time low (2015)
- -0.5%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+0.3 percentage point).
- Change vs. previous year
- +0.3 percentage points
- Largest monthly swing
- December: +1.6 percentage points
ECB Target
Inflation is 2.2% 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 €99.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | -0.3% | +1.0 |
| February | -0.8% | +0.3 |
| March | -0.8% | -0.1 |
| April | -1.1% | -0.5 |
| May | -1.0% | -0.8 |
| June | -0.8% | -0.9 |
| July | -0.6% | -0.7 |
| August | -0.1% | +0.3 |
| September | 0.2% | +1.1 |
| October | 0.7% | +1.4 |
| November | 0.7% | +1.0 |
| December | 1.6% | +1.6 |
| Average | -0.2% |
Data source
Data from OECD. Last updated: 11/01/2026.