Inflation skyrockets to 9.8% due to soaring energy costs, highest level since 1985
Electricity prices, fuel, food and drinks register significant increases compared to March 2021 according to preliminary data
cpi
Consumer Price Index in Spain soars to record 7.4% in February
Rise attributed to widespread increases in cost of food, fuel and electricity
Consumer prices fall by 1.1%, an all-time low
Catalonia’s CPI has seen negative figures for seven months straight
Inflation rate in Catalonia falls to 0.8% in July
Decline due to falls in prices of fuel and housing, including supplies
Prices rose by 0.3% in November, annual inflation 1%
The winter season in the clothing and footwear industry, as well as an increase in the price of electricity, led to a 0.3% increase in the price index during November in comparison to the previous month and brought the annual inflation rate in November in Catalonia to 1%. This is the highest annual rate recorded in Catalonia since August 2013, when the figure reached 1.7%. However, the evolution of annual inflation, in minimum rates, is still being restrained by fuel prices, which fell in November, in comparison to the stability that was recorded during the same month last year. According to data released this Tuesday by the Spanish National Institute of Statistics (INE), the annual inflation rate in Catalonia is the highest in Spain, followed by Navarra (0.9%), Asturias (0.8%) and the Canary Islands (0.8%).