Canary Islands has the lowest inflation in the country

 The Consumer Price Index (CPI) rose by 0.5% in June compared to May in the Canary Islands, bringing the annual inflation rate in the islands to 1.7%, the lowest in Spain, along with Murcia, half a point below the national average (2.3%).

According to data published this Tuesday by the National Institute of Statistics, prices rose in the Canary Islands last month, especially in leisure and culture (1.5% compared to May), housing-related expenses, such as electricity (1.5%), and hospitality and tourism (0.9%).

They also increased in transportation, a category that includes fuels (0.7%), the sector of other goods and services (0.5%), household goods (0.2%), and food and non-alcoholic beverages (0.1%).

In contrast, they remained unchanged in education, medicine, and telecommunications and decreased in the trade of clothing and footwear (-1.6%) and alcohol and tobacco (-0.4%).

In the last twelve months, the prices that have increased the most in the islands are those of hospitality and tourism and housing, both with 3.9%, followed by the sector of other goods and services (3.1%), education (2.3%), alcohol and tobacco (2.2%), telecommunications (2.0%), food (1.8%), medicine (1.6%), and leisure and culture (0.3%).

In contrast, in the Canary Islands, transportation (-0.7%), clothing and footwear (-0.5%), and household goods (-0.2%) are cheaper than a year ago.