Spain's inflation rises to 3.6% in May due to energy and fuel prices

Spain’s inflation increased to 3.6% during May, a rise of 0.3% in comparison to April, reports Spain’s National Statistics Institute (INE) in a preliminary report.

The rise is mainly linked to the rising electricity prices, and in a smaller way to the rising fuel prices.

This marks the highest inflation rate since April of 2023 and the third annual rise.

The price of unprocessed food has increased with a decimal since April, landing at 3%.

Consumer prices have also increased by 0.3%, a smaller increase in comparison to April’s 0.7%.

In Catalonia the inflation increased by two tenths, standing at 3.3%, mostly due to the price of housing and food.

The definitive figures for May will be published in June by the INE.