ECONOMY
The largest price increases were recorded in the housing, alcoholic beverages and tobacco sectors.
The Canary Islands recorded the second highest rate in Spain in terms of the consumer price index (CPI) for the month of August, exceeding the national average up to 2.3% over a year, a percentage that in the Canary Islands was 2.5%.
The islands are thus placed in first positions with the second highest rate of the country, reaffirming a monthly increase of 0.2%, and an increase of 1.7% so far this year. The sectors that are driving inflation the most in the islands are those related to real estate and alcoholic beverages and tobacco, at 4.2 and 4%.
For its part, the national annual CPI rate decreased by five tenths compared to the previous month, with a decrease of up to six tenths, or 2.5%, during the month. foodwhich translates into the lowest rate in three years. Concerning core inflation (excluding energy prices and unprocessed food products), the rate stood at 2.7% over one year in August, one tenth less than the previous month.
This fluctuation in the CPI is fundamentally due to the moderation of the fuels and lubricants and the fall in prices of oils, fats or legumes and vegetables.
Report a bug
