Economy

Prices in Lanzarote, Fuerteventura, and Gran Canaria rose above the national average in 2025

Prices also rose more in the province of Las Palmas than in the western islands, where they grew below the national average

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**Canary Islands** closed last December with an annual Consumer Price Index (CPI) rate of **2.8%**, below the **national** rate, which stood at **2.9%**, according to data released this Thursday by the National Statistics Institute (INE).

The national CPI moderated by one tenth in December, to 2.9% year-on-year, due to cheaper fuel and a smaller increase in tourist packages.

The Canary Islands ended 2025 with that percentage of 2.8%, which rose by 0.7% compared to the previous month.

Housing, at 3.9%, and food and non-alcoholic beverages, at 2.6%, were the most inflationary items in the Canary Islands last year.

Household goods closed the year with a surge of 0.7%, while alcoholic beverages and tobacco saw a 2.2% increase.

By provinces, prices rose by 3.1% in Las Palmas and 2.5% in Santa Cruz de Tenerife last year