Focus on Spain investment immigration and living in Spain consumption levels: Data from the National Statistics Institute of Spain shows that in December 2014, Spain's Consumer Price Index (CPI) fell by 1.1%. The CPI is a macroeconomic indicator that reflects price changes in consumer goods and services purchased by households. This indicator is not only used for economic analysis and decision-making but is also closely related to the lives of residents. Below, we will take a specific look at what changes have occurred in basic consumer prices in Spain in 2015.
Electricity bills remain unchanged
In 2014, electricity bills in Spain were reduced to varying degrees, with residential electricity prices falling by 4.9% and industrial electricity prices falling by 1.5%. In the new year, electricity prices will remain unchanged.
Significant reduction in oil prices
Due to the recent sharp decline in crude oil prices, gasoline and diesel prices have been adjusted accordingly. According to the latest EU oil bulletin, the price of gasoline per liter will be reduced by 13%, and diesel by 14.6%.
Natural gas down by 3.3%
Also affected by the reduction in crude oil prices, natural gas prices will decrease by 3.3% starting from January 2015. The price of butane gas cylinders will remain unchanged, with the price per cylinder remaining at 17.5 euros for the first quarter.
Fixed-line monthly rental fees remain unchanged
Telefónica will not adjust fixed-line fees for the second consecutive year. The last increase in telephone charges was in 2013, when the monthly fixed-line rental fee was 14.38 euros, plus a 2.9% Value Added Tax (IVA).
Train tickets up by 1.85%
Regarding train tickets, fares for suburban railways (Cercanías) and medium-distance routes have increased for the first time in 5 years, with an increase of 1.85%, while fares for high-speed trains (AVE) and long-distance routes will remain unchanged.
Airport fees remain unchanged
In 2015, various airport Tasa fees will remain unchanged. It is understood that Spain's aviation tax increased by 0.9% in March 2014, but there will be no further increases next year.
Postage up by 10.5%
Starting from January 1, the postage required for mailing letters or postcards nationwide in Spain has increased by 10.5%, from 0.38 euros to 0.42 euros, marking the largest increase in 10 years.
