During July, inflation rates experienced their third consecutive month of decline. In the last 12 months, the cumulative price increase now stands at 3.2% in Catalonia. The drop of summer sales has helped to lower inflation.
Prices increased by 7 decimals last December. The monthly price increase was of tobacco and transport.
The price increase is the result of the start of the winter season, in particular regarding clothing and shoe sales.
Catalonia saw its prices rise by 8 decimals in October, contributing to an annual inflation rate of 2.6%. Prices for apparel and footwear rose by 10.4 points in Catalonia, playing a heavy role in the overall increase of prices.
These levels have not been recorded since November 2008. However price raises stabilised in relation to August, particularly because of the price decrease of organised trips.
Prices have risen 0.3% during August compared with July, levelling the annual rate. Tourist industries such as hotels, restaurants, bars and organised trips have contributed to the rise in prices. In July, prices dropped by 0.3% in relation to June.
The country registers its highest inflation since 2008 and the highest monthly-rise of prices in all Spain, according to the data published by the Institute of Statistics
According to the Spanish statistics institute, annual inflation in Spain is fixed at 1.8% and prices have risen in May in the same proportion than in Catalonia, 3 decimals. The subjacent inflation in Spain has abandoned its negative sign and is set at 0.2