The Canary Islands finished March with an interannual inflation rate of 3.5%, four tenths higher than that of February (3.1%), making it the community with the highest price increase, after Extremadura (3.6%).
According to the Consumer Price Index published this Friday by the National Institute of Statistics (INE), so far this year, the variation recorded is 0.9%.
In the last twelve months, the sector that has increased its prices the most in the Canary Islands is hospitality and tourism, with an increase of 6.4% from March 2023 to March 2024; followed by food and non-alcoholic beverages, with 5.6%; alcohol and tobacco, with 5.2%; and education, with 3.1%.
Expenses associated with housing (which includes electricity) have also become more expensive in the last year, 3%; the group of other goods and services, 2.8%; leisure and culture, 2.3%; transport (group that includes fuels), with 2.2%; that of medicine, 2%; household goods, with 0.7%; and telecommunications, with 0.4%.
In monthly terms, from February to March, the Consumer Price Index rose in the islands by 0.5%, with increases of 2% in housing, 1.2% in leisure and culture, 0.6% in hospitality and tourism, as well as in transport, 0.4% in the group of others and household goods, remained the same in medicine and education, increased 0.1% in alcoholic beverages and tobacco and in clothing and footwear.
The CPI compared to the month of February, fell 0.1% in food and non-alcoholic beverages, as well as in leisure and culture.
So far this year, the fall in prices of 14.5% in clothing and footwear and the increases of 3.4% in housing and alcoholic beverages and tobacco stand out.
