Canary Islands registers the lowest inflation in the country in May

However, in the last year, food prices have risen by 5.3% in the archipelago

Food Shopping
Food Shopping

The annual rate of the Consumer Price Index (CPI) registered last May was positive in all autonomous communities in May, Canarias had the lowest (3.4%), while Galicia presented the highest (4.0%), according to data released this Thursday by the INE.

The general CPI for the entire country in May was 3.6%, three tenths higher than that registered the previous month. In the Canary Islands, the CPI rose by 0.1% in May compared to the previous month, while so far this year this indicator has grown by 1.7%,

The section on clothing and footwear registered a monthly increase in the islands of 1.4%. It was followed by that relating to housing, which increased by 0.9% compared to April.

However, the prices that have risen the most in the Canary Islands in the annual rate are those of food and non-alcoholic beverages, 5.3%; those of housing, 4.9%, and those of alcoholic beverages and tobacco, 3.7%. 

Add La Voz de Lanzarote as a preferred Google source.

Stay informed with the latest current news.

Activate now