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Canary Islands keeps inflation below 2%, despite the rise in housing

Inflation rose more in Lanzarote, Gran Canaria and Fuerteventura than in the rest of the islands of the archipelago

Footwear and Clothing. CPI. Inflation.
Footwear and Clothing. CPI. Inflation.

The CPI registered positive annual rates in all autonomous communities in April and the highest (2.8%) was that of the Balearic Islands, while that of Murcia (1.5%) was the lowest and that of Canary Islands was close, at 1.8%, according to data released this Wednesday by the INE.

This indicator grew by 0.8% in the Canary Islands in April compared to the previous month and so far this year it has done so by 1.1%.

By provinces, it stood at 1.9 and 1.7%, respectively, in Las Palmas and Santa Cruz de Tenerife, where it registers accumulated growth so far this year of 1.4 and 0.8%.

Compared to March, the CPI grew in Las Palmas by 0.8% and in Santa Cruz de Tenerife by 0.7%.

The prices of housing, with an annual growth of 4.3%, and alcoholic beverages and tobacco, with a year-on-year increase of 2.1%, were the most inflationary headings in April in the Canary Islands. 

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