The Consumer Price Index (CPI) rose in May in the Canary Islands by 0.1% compared to the previous month and by 3.2% compared to the same month in 2025, placing the accumulated increase so far in 2026 at 1.4%, as announced this Friday by the National Statistics Institute (INE).
The price of food and non-alcoholic beverages remained unchanged in the islands last month, a stability that also characterized the variation of three other categories: alcoholic beverages and tobacco, which registered a rise of 0.2%, housing, with an increase of 0.1%, and furniture and household goods, with a decrease of 0.1%, while clothing and footwear fell by 0.5%.
In year-on-year terms, alcoholic beverages and tobacco became 3.3% more expensive, while at the opposite end, the price of housing fell by 1.2%.
At the national level, the INE confirmed that the May consumer price index (CPI) remained at 3.2% year-on-year, while it revised underlying inflation (excluding energy and fresh food) up by one tenth to 3%, two tenths more than in April.
This evolution of prices occurs in a context of high uncertainty and volatility of energy prices due to the war in Iran and with the Government's fiscal measures still in force.
The stability of the general rate compared to April is explained by the increase in prices of tourist packages and air passenger transport, which has been offset by the decrease in prices of clothing and vegetables, legumes, and potatoes.
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