Spain | Consumer price index (2010 = 100)
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. 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.
Publisher
The World Bank
Origin
Kingdom of Spain
Records
63
Source
Spain | Consumer price index (2010 = 100)
1960 2.85881726
1961 2.88195232
1962 3.04641028
1963 3.31277918
1964 3.54398621
1965 4.01229344
1966 4.26267528
1967 4.53512975
1968 4.75981669
1969 4.86264525
1970 5.14133049
1971 5.56481608
1972 6.02515367
1973 6.71302785
1974 7.76565568
1975 9.0821895
1976 10.6829145
1977 13.30429482
1978 15.93504224
1979 18.4305074
1980 21.29864492
1981 24.3974584
1982 27.91435253
1983 31.31266611
1984 34.84482144
1985 37.91620257
1986 41.25090958
1987 43.415765
1988 45.51590307
1989 48.60708642
1990 51.87436705
1991 54.95270271
1992 58.20839276
1993 60.86797598
1994 63.73997892
1995 66.71906021
1996 69.09348855
1997 70.4553723
1998 71.74775633
1999 73.40537929
2000 75.92576446
2001 78.65137347
2002 81.0625547
2003 83.52595526
2004 86.06451686
2005 88.96387044
2006 92.09146271
2007 94.65786526
2008 98.51549828
2009 98.23195779
2010 100
2011 103.19610189
2012 105.72041045
2013 107.20956816
2014 107.0475586
2015 106.51192932
2016 106.29613828
2017 108.37537189
2018 110.19063917
2019 110.96144362
2020 110.60331222
2021 114.02442211
2022 123.5917283
Spain | Consumer price index (2010 = 100)
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. 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.
Publisher
The World Bank
Origin
Kingdom of Spain
Records
63
Source