Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Spain
CPGRLE01ESM659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.22
Year-over-Year Change
-26.22%
Date Range
1/1/1976 - 3/1/2025
Summary
The Consumer Price Index: All Items Non-Food Non-Energy for Spain measures the change in prices for Spanish consumer goods and services, excluding food and energy. This key inflation indicator helps policymakers and economists assess the overall cost of living in Spain.
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 All Items Non-Food Non-Energy for Spain is a subcomponent of the broader Consumer Price Index that excludes the volatile food and energy sectors. It provides a more stable measure of underlying inflation trends, which is crucial for monetary policy decisions and economic forecasting.
Methodology
The Spanish statistical agency collects price data from a sample of consumer purchases to calculate this index.
Historical Context
This inflation measure is closely watched by the European Central Bank and Spanish government as they monitor price stability and adjust policies accordingly.
Key Facts
- Spain's CPI All Items Non-Food Non-Energy reached a record high of 114.06 in 2022.
- This index accounts for around 80% of the total Spanish CPI basket.
- Excluding food and energy helps isolate underlying price pressures in the economy.
FAQs
Q: What does this economic trend measure?
A: The CPI All Items Non-Food Non-Energy for Spain measures the change in prices for a basket of consumer goods and services in Spain, excluding the volatile food and energy sectors.
Q: Why is this trend relevant for users or analysts?
A: This index provides a more stable and reliable indicator of underlying inflation in Spain, which is crucial for policymakers, economists, and investors to assess the overall cost of living and make informed decisions.
Q: How is this data collected or calculated?
A: The Spanish statistical agency collects price data from a sample of consumer purchases to calculate this index.
Q: How is this trend used in economic policy?
A: The European Central Bank and Spanish government closely monitor this inflation measure as they make monetary policy decisions and adjust their policies to maintain price stability.
Q: Are there update delays or limitations?
A: The data for this index is published on a monthly basis, with a typical delay of around 2-3 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Spain (CPGRLE01ESM659N), retrieved from FRED.