Overall index Monthly change Change over last Annual change

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1 13 August 2014 Consumer Price Index (CPI). Base 2011 July 2014 all index Monthly change Change over last Annual change July Main results The annual change of the CPI for the of July stands at 0.3%, four tenths below that registered in the. The annual change of core inflation stands at %. The ly change of the overall index is 0.9%. The Harmonised Index of Consumer Prices (HICP) annual change stands at 0.4%, showing a four tenths decrease as compared with June. Annual evolution of consumer prices The annual rate for the overall Consumer Price Index (CPI) in July was 0.3%, four tenths below that registered the. The groups that most contributed to this decrease were: Transport, with a variation rate of %, point below that recorded in the. This decrease was due to the stability registered in the prices of fuels and lubricants this, as compared to the increase registered in July Housing, with a variation of 1.2%, nine tenths below that recorded in June. This was due to the decrease in the prices of electricity, as well as to the stability in the prices of heating gas oil, as compared to the increase registered in the same of the. CPI JULY 2014 (1/13)

2 Food and non-alcoholic beverages, whose rate decreased five tenths, reaching 2.0%. It is worth noting in this behaviour the lower increase in the prices of fresh fruits, as compared with 2013, and the decrease in the prices of fresh potatoes and potatoes preparations. Recreation and culture, whose rate decreased seven tenths as compared to June, reaching 1.6%. This behaviour was due to a lower increase in the prices of travel packages as compared with that of the. Alcoholic beverages and tobacco, whose rate decreased point and a half, reaching 0.6%. This behaviour was due to a lower increase in the prices of tobacco as compared with that of the. Contribution of the groups to the annual change of the CPI 1. Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education 11. Hotels, cafes and restaurants 12. Miscellaneous goods and services DIFFERENCE IN THE ANNUAL CHANGE OF THE OVERALL CPI 0,4 The annual change for core inflation (overall index excluding unprocessed food and energy products) stood at %, three tenths over the rate of the overall CPI. CPI JULY 2014 (2/13)

3 4.0 Annual evolution of the CPI General and core index January February April May June July August September October November 2014 January February April May June July General Core Monthly evolution of consumer prices In July, the ly change of the overall CPI was 0.9%. Among the groups with the greatest negative contribution to the overall index, worth noting: Clothing and footwear, whose rate of 12.9% shows the effects of the decrease in the prices of the summer sales. Its contribution to the overall CPI was Housing, with a variation of 0.5%, and a contribution of 63, due to the decrease in the prices of electricity. Furniture and household goods, which registered a decrease of 0.9%, due to the decrease in the prices of furniture. Its contribution to the overall CPI was 54. Communications, with a rate of 1.2%, due to the decrease in the prices of teleph services. Its contribution to the overall index was 45. In turn, among the groups with the greatest positive contribution to the overall index, worth noting are: Recreation and culture, whose rate of 1.3% and contribution of 93 show the increase in the prices of package holidays. Restaurants, cafes and hotels, with a variation of 0.7% mainly due to the increase in the prices of hotels and other accommodations. Its contribution to the overall index was 75. CPI JULY 2014 (3/13)

4 Monthly evolution of the CPI General index January February April May June July August September October November 2014 January February April May June July A more detailed analysis showed the divisions that had the greatest contribution to the ly CPI change during the of July. Divisions with the greatest positive contribution to the ly change of the CPI Monthly Contribution change (%) Food Fresh fish Fresh fruit Other divisions Package holidays Hotels and other accommodations Air transport Cars Tobacco Divisions with the greatest negative contribution to the ly change of the CPI Monthly Contribution change (%) Food Fresh potatoes and potatoes preparations Mineral water, softh drinks and juices Other divisions Clothing garments Footwear Electricity Teleph services Household textile articles Furniture CPI JULY 2014 (4/13)

5 Results by Autonomous Community. Annual changes The annual rate of CPI decreased in all Autonomous Communities. The greatest decrease, of eight tenths, registered in Comunidad Foral de Navarra ( 1.0%), was followed by the six tenths decreases registered in Castilla y León ( 0.5%), Castilla-La Mancha ( 0.8%) and País Vasco (-%). In turn, Canarias ( 0.4%) registered the lowest decrease (being its rate tenth lower than the ). Annual rates of the CPI Autonomous Cities and Communities Extremadura Navarra, Comunidad Foral de Castilla-La Mancha Murcia, Región de Andalucía Melilla Asturias, Principado de Cantabria Castilla y León Ceuta Aragón Canarias Comunitat Valenciana La Rioja NATIONAL Madrid, Comunidad de Galicia País Vasco Cataluña Balears, IIles ,6-0, , , July 2014 June 2014 CPI JULY 2014 (5/13)

6 Harmonised Index of Consumer Prices (HICP) In July, the annual variation rate of the HICP stood at 0.4%, four tenths below that registered in the. The ly change of the HICP was 1.5%. Annual evolution of the HICP, base 2005 all index for Spain and the Mtary Union January February April May June July August September October November 2014 January February April May June July Spain Mtary Union 1 The last data regarding the Mtary Union refers to the flash estimate. Index of Consumer Prices at Constant Taxes In July, the annual rate of CPI-CT stood at 0.3%, the same as that of the overall CPI. The ly change of the CPI-CT was 0.9%. In turn, the annual rate of HICP-CT registered an annual change of 0.4%, the same as that of the HICP. The ly change of the HICP-CT was 1.5%. CPI JULY 2014 (6/13)

7 Consumer Price Index. Base 2011 July August National indices: overall and groups Group Index % change Contribution previou last previou last GENERAL INDEX Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Hotels, cafes and restaurants Miscellaneous goods and services National special aggregates indices Special aggregates Index % change previou last Processed food including beverages and tobacco Unprocessed food Food, beverages and tobacco Unprocessed food and energy Industrial goods Durable industrial goods Energy Fuels and gas Industrial goods excluding electricity Industrial goods excluding energy Services Services excluding rentals for housing all index excluding food, beverages and tobacco all index excluding rentals for housing all index excluding energy CORE INFLATION (all index excluding unprocessed food and energy) all index excluding tobacco all index excluding tobacco all index excluding fuels CPI - JULY 2014 (7/13)

8 3. National headings indices Index last y % change Contribution % change Contribution % change 01. Cereals and by-products Bread Bovine meat Sheep meat Swine meat Poultry meat Other meats Fresh and frozen fish Seafood and processed fish Eggs Milk Milk-based products Oils and fats Fresh fruit Canned and dried fruit Fresh vegetables Processed vegetables Fresh potatoes and potatoes preparations Coffee, cocoa and infusions Sugar Other food products Mineral waters, soft drinks and juices Alcoholic beverages Tobacco Garments for men Garments for women Garments for children and babyclothes Clothing accesories and repair Footwear for men Footwear for women Footwear for children and infants Repair of footwear Rentals for housing Heating, electricity and water supply Maintenance and repair of the dwelling Furniture and floor coverings Household textiles and decorations Household appliances including repair Household utensils and tools Non-durable household goods Household services Medical, dental and paramedical services Medical products, appliances and equipment Personal transport Local transport Long-distance transport Communications Recreational items Printed matter Recreational services Pre-primary and primary education Secondary education Tertiary education Other educational goods and services Personal effects Tourism, catering and accommodation services Other goods and services CPI - JULY 2014 (8/13)

9 4. Indices of Autonomous City and Community: overall and groups (Continues) Groups Index % change Index % change Index % change last last last Andalucía Aragón Asturias, Principado de OVERALL INDEX Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Hotels, cafes and restaurants Miscellaneous goods and services Balears, Illes Canarias Cantabria OVERALL INDEX Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Hotels, cafes and restaurants Miscellaneous goods and services CPI - JULY 2014 (9/13)

10 4. Indices of Autonomous City and Community: overall and groups (Continuation) Groups Index % change Index % change Index % change last last last Castilla y León Castilla-La Mancha Cataluña OVERALL INDEX Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Hotels, cafes and restaurants Miscellaneous goods and services Comunitat Valenciana Extremadura Galicia OVERALL INDEX Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Hotels, cafes and restaurants Miscellaneous goods and services CPI - JULY 2014 (10/13)

11 4. Indices of Autonomous City and Community: overall and groups (Completion) Groups Index % change Index % change Index % change last last last Madrid, Comunidad de Murcia, Región de Navarra, C. Foral de OVERALL INDEX Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Hotels, cafes and restaurants Miscellaneous goods and services País Vasco Rioja, La Ceuta OVERALL INDEX Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Hotels, cafes and restaurants Miscellaneous goods and services Melilla OVERALL INDEX Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Hotels, cafes and restaurants Miscellaneous goods and services CPI - JULY 2014 (11/13)

12 13 August 2014 Consumer Price Index at Constant Taxes Base 2011 July National indices at Constant Taxes: overall and groups Group Index % change OVERALL INDEX AT CONSTANT TAXES Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Restaurants, cafes and hotels Miscellaneous goods and services National indices at Constant Taxes: overall and special aggregates Special aggregates Index % change OVERALL INDEX AT CONSTANT TAXES Processed fod including beverages and tobacco Unprocessed food Food, beverages and tobacco Unprocessed food and energy Industrial goods Durable industrial goods Engergy Fuels and gas Industrial goods excluding electricity Industrial goods excluding energy Services Services excluding rentals for housing all index excluding food, beverages and tobacco all index excluding rentals for housing all index excluding energy CORE INFLATION (all index excluding unprocessed food and energy) all index excluding tobacco all index excluding services all index excluding fuels OVERALL INDEX AT CONSTANT TAXES AND SUBSIDES CPI JULY 2014 (12/ 13)

13 Harmonized Index of Consumer Prices, 2005=100 July August National indices: all and groups Group Index % change OVERALL INDEX Food and non-alcoholic beverages Alcoholic beverages and tobacco Clothing and footwear Housing Furniture and household equipment Health Transport Communications Recreation and culture Education Restaurants, cafes and hotels Miscellaneous goods and services National index and at constant taxes General Index % change HICP at Constant Taxes HICP CPI JULY 2014 (13/13)

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