Instituto Nacional de Estadística

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Consumer Price Index (CPI) . October 2020

The annual change of the CPI for the month of October stands at -0.8%, four tenths above as the previous month. The annual rate of core inflation decreased one tenth, to 0.3%.

Consumer Price Index. Base 2016 - October 2020
Indicator Note Monthly change Anual change
Overall index 0.5 -0.8
Bienes COVID-19 1.0 1.7
Servicios COVID-19 -1.5 -3.3
Alimentos y bebidas no alcohólicas 1.4 2.3
Alimentos sin elaboración 3.4 4.1
Alimentos elaborados 0.1 1.0

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Did you know...?

The Consumer Price Index (CPI) is a statistical measure of the evolution of the prices of goods and services consumed by the population that reside in family dwellings in Spain.

The combination of goods and services that conform the shopping basket is basically obtained from the consumption of families, and the importance of each one of these within the calculation of the CPI is determined by said consumption.

As of January 2002 the CPI methodology was completely renewed. The methodological changes introduced in this System has made the CPI indicator more dynamic, adapting better to the evolution of the market, given that it is possible to update the weightings more frequently. Furthermore, it is possible to include new products in the shopping basket when consumption becomes significant.

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