Spain's inflation rises to 3.6% in May due to energy and fuel prices
Index reaches highest level since April 2023
![Inflation in Spain has risen due to increased electricity prices](https://cdn-acn.watchity.net/acn/images/c6696c9b-2e41-4151-85b1-86fe56f7d874/3c48cfce-7fee-4e21-b9b6-6fc639634eca/3c48cfce-7fee-4e21-b9b6-6fc639634eca_medium.jpeg)
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.