Spain: prices and wages

Inflation compared with the euro area, and whether wages kept up. Monetary policy is set by the European Central Bank for the whole euro area, not by any Spanish government.

Inflation (HICP)

Consumer prices, % change on the same month a year earlier.

Real average wage

Average full-time equivalent wage per employee after consumer price inflation, = 100.

Tally's calculation: wage ÷ annual average HICP index.

Spain: nominal and real wages

Average wage before and after inflation, = 100.

Spain only: the real-wage chart above compares it with peers.

Labour cost per worker (INE quarterly survey)

Spain, € per worker per month, not seasonally adjusted (the spikes are summer and Christmas bonus months).

Spain only (INE survey with no direct EU equivalent): see the real-wage chart above for peers.

Inflation across the EU,

HICP, % change on a year earlier.