The Consumer Price Index (CPI) rose by 0.1% in December in the Canary Islands compared to the previous month, so the islands ended the year with an inflation rate of 2.2%, the lowest in Spain, six tenths below the national average, which was 2.8%.
According to data published this Wednesday by the National Institute of Statistics, in the case of the Canary Islands, this is the lowest inflation rate for a year-end since 2020, the year of the confinements due to the covid-1 pandemic, which ended with -0.1%.
However, prices have heated up slightly compared to the levels they had reached in September and October, when the inflation rate in the Canary Islands stood at 1.6% and 1.5%.
By spending groups, in December prices rose compared to November in the islands in the leisure and culture sector (3.0%), housing, a group that includes spending on electricity (0.6%), and hospitality and tourism (0.4%).
They did not vary in telecommunications, education and transport, a category that includes fuel prices.
And they became cheaper in clothing and footwear (-2.7%), food (-0.6%), alcoholic beverages and tobacco (-0.4%), medicine (-0.3%), household goods (-0.1%) and the group of other goods and services (-0.1%).
In the final balance of the year, the most inflationary sector in the Canary Islands was housing, which ended 2024 with a price increase of 6.3%; followed by hospitality and tourism and alcohol and tobacco, both with 4.1%; the other group, with 3.2%; and education, with 2.3%.
Leisure and culture also became more expensive, 1.9%; food, 1.2%; medicine, 1.1%; transport, 1.0%; and telecommunications, 0.1%.
On the other hand, clothing and footwear closed the year with cheaper prices than in 2023, with a decrease of 2.3%.
This year, the Canary Islands is listed in the statistics as the second community where food has become less expensive, 1.2%, one tenth more than in Murcia (1.1%), but six below the national average (1.8%).
