Spain - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Spain was 114.02 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 114.02 in 2021 and a minimum value of 2.86 in 1960.

Definition: Consumer price index reflects changes in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. Data are period averages.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 2.86
1961 2.88
1962 3.05
1963 3.31
1964 3.54
1965 4.01
1966 4.26
1967 4.54
1968 4.76
1969 4.86
1970 5.14
1971 5.56
1972 6.03
1973 6.71
1974 7.77
1975 9.08
1976 10.68
1977 13.30
1978 15.94
1979 18.43
1980 21.30
1981 24.40
1982 27.91
1983 31.31
1984 34.84
1985 37.92
1986 41.25
1987 43.42
1988 45.52
1989 48.61
1990 51.87
1991 54.95
1992 58.21
1993 60.87
1994 63.74
1995 66.72
1996 69.09
1997 70.46
1998 71.75
1999 73.41
2000 75.93
2001 78.65
2002 81.06
2003 83.53
2004 86.06
2005 88.96
2006 92.09
2007 94.66
2008 98.52
2009 98.23
2010 100.00
2011 103.20
2012 105.72
2013 107.21
2014 107.05
2015 106.51
2016 106.30
2017 108.38
2018 110.19
2019 110.96
2020 110.60
2021 114.02

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices