Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Spain
ESPCPIALLMINMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.53
Year-over-Year Change
2.26%
Date Range
3/1/1954 - 3/1/2025
Summary
The Consumer Price Index (CPI) for Spain tracks changes in the prices of consumer goods and services, providing a broad measure of inflation for the Spanish economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The CPI for Spain is a key economic indicator used to monitor price stability and guide monetary policy decisions. It measures the average change in prices paid by consumers for a basket of goods and services, and is calculated monthly by the National Statistics Institute of Spain.
Methodology
The CPI data is collected through surveys of consumer expenditures and price quotes from businesses.
Historical Context
The CPI is closely watched by the European Central Bank and Spanish policymakers to assess the nation's economic conditions.
Key Facts
- The CPI for Spain has a base year of 2015.
- Spain's CPI reached a record high of 10.8% in July 2022.
- The CPI is a widely used benchmark for adjusting wages, rents, and other payments.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index (CPI) for Spain measures the average change in prices paid by consumers for a basket of goods and services, providing a broad measure of inflation in the Spanish economy.
Q: Why is this trend relevant for users or analysts?
A: The CPI is a crucial economic indicator used by policymakers, businesses, and consumers to understand price dynamics and make informed decisions about monetary policy, investments, and spending.
Q: How is this data collected or calculated?
A: The CPI data is collected through surveys of consumer expenditures and price quotes from businesses, and is calculated monthly by the National Statistics Institute of Spain.
Q: How is this trend used in economic policy?
A: The CPI is closely monitored by the European Central Bank and Spanish policymakers to assess the nation's economic conditions and guide monetary policy decisions aimed at maintaining price stability.
Q: Are there update delays or limitations?
A: The CPI for Spain is published monthly with a short delay, and the data is subject to periodic revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Spain (ESPCPIALLMINMEI), retrieved from FRED.