The CPI (base 2011=100) increased by 0.9% on a year-over-year basis in Catalonia in October 2016. The groups that recorded more inflation were communications and transport (3.2% and 1.9% respectively). In contrast, the groups that registered decrease were leisure and culture (−1.4%) and housing (−0.5%).
The Consumer Price Index (CPI) measures the evolution over time of the price level of consumer goods and services acquired by the population residing in family homes in Spain.
Expenditure on consumption is considered to be the monetary flow that is really paid for the acquisition on the goods and services typified by the nomenclature produced expressly for that purpose by the INE on the basis of the COICOP (Classification of Individual Consumption by Purpose), a nomenclature that has been standardised by the European Union. Excluded from this expenditure is what could be considered investments, including the purchase of private housing.
Prices are collected for 177 municipalities, and around 29,000 establishments serve as a sample for the collection of the 220,000 prices that are used to calculate the CPI each month. There are 489 articles in the basket of consumer goods and services.
Idescat publishes CPI data every month for the groups produced by the INE.