Economy

The CPI rises by 3% on average in the Canary Islands, but more in clothing, restaurants and accommodations

The price of housing, among those that have grown the least in the last year in the archipelago, although it came from large increases in previous years

Tienda de ropa. Inflación.

The Consumer Price Index (CPI) rose by 3% in March compared to the same month of 2025 in Canary Islands, due to the increase in prices of clothing and footwear (6.5%), restaurants and accommodation (5.2%) and transport (4.3%), according to data published this Tuesday by the National Institute of Statistics.

The archipelago was, along with Asturias and La Rioja, also with a 3% increase, the territory of Spain where the CPI grew the least from March to March, which across the country rose, on average, by 3.4%, with the Community of Madrid presenting the highest rate, of 4.1%, according to INE figures.

The fourth group of the index that increased the most in price on the islands in the third month of 2026 compared to a year ago was that of insurance and financial services (3.4%), followed by alcoholic beverages and tobacco (3.3%), food and non-alcoholic beverages (2.9%), health (2.8%), personal care and others (1.9%) and housing (1.6%).

All sections of the CPI experienced year-on-year increases in March in the Canary Islands, amounting to 1.5% in education services, 1.3% in furniture and home articles and, in the case of the two that rose the least, information and communications and recreational activities, sport and culture, 0.5% in both.