Inflation Spain 2017
Average inflation: 2.0%
Current Inflation
Inflation is normal at 2.0%, around the ECB target.
Peak and Trough
The highest inflation was in January at 3.0%. The lowest inflation was in December at 1.1%.
- Highest month
- January: 3.0%
- Lowest month
- December: 1.1%
- Difference
- 1.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 4.2%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -0.4%.
- Highest increase
- Transport: 4.2%
- Lowest increase
- Furnishings, household equipment and maintenance: -0.4%
Historical Context
Current inflation is 1.5% higher than the 5-year average of 0.5%.
- 5-year average
- 0.5%
- 10-year average
- 1.4%
- All-time high (2008)
- 4.1%
- All-time low (2015)
- -0.5%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +2.2 percentage point.
- Change vs. previous year
- +2.2 percentage points
- Largest monthly swing
- February: +3.8 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 3.0% | +3.3 |
| February | 3.0% | +3.8 |
| March | 2.3% | +3.1 |
| April | 2.6% | +3.7 |
| May | 1.9% | +2.9 |
| June | 1.5% | +2.3 |
| July | 1.5% | +2.1 |
| August | 1.6% | +1.7 |
| September | 1.8% | +1.6 |
| October | 1.6% | +0.9 |
| November | 1.7% | +1.0 |
| December | 1.1% | -0.5 |
| Average | 2.0% |
Data source
Data from OECD. Last updated: 11/01/2026.