Inflation rebounds in the Canary Islands in April and reaches 3.3%, the national average

Clothing and footwear are the products that increased the most in the archipelago, 13.2% in the last month

May 14 2024 (10:14 WEST)
Clothing Store
Clothing Store

The consumer price index (CPI) increased in April in the Canary Islands by 0.6% compared to the previous month and reached 3.3% year-on-year, similar to the national average, according to data released this Tuesday by the National Institute of Statistics (INE).

Prices have risen by 1.5% so far this year in the Canary Islands and clothing and footwear, with an increase of 13.2%, has been the item that has increased the most in the last month.

By provinces, the CPI has risen by 0.8% in the last month and 1.7% so far this year in Las Palmas, while in Santa Cruz de Tenerife these increases have been 0.4% and 1.4%, respectively.

Nationally, the National Institute of Statistics (INE) has confirmed this Tuesday the inflation data advanced two weeks ago, whose rebound is due to the increase in the price of gas, compared to the decrease in April last year, and a smaller drop in the cost of electricity compared to last year.

The core inflation rate (excluding energy and unprocessed food) is also confirmed, which stood at 2.9% year-on-year in April, four tenths less than the previous month and below the general rate for the first time since November 2022.

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