In Spain, year-on-year inflation was 5.9% in January, two tenths more than in January. Core inflation (excluding unprocessed food and energy products), for its part, has climbed to 7.5%.
Euskaraz irakurri: Urte arteko KPIa % 5.6ra igo da EAEn eta % 6.4an mantendu da Nafarroan, urtarrilean
The Consumer Price Index (CPI) has risen two tenths in January in the Basque Autonomous Community (CAV) to stand at 5.6% and in Navarra it has remained at 6.4%, according to the final data for January published today by the National Statistics Institute (INE).
The prices of food and alcoholic beverages have increased by 15% in their interannual rate in the Basque Country. Thus, it continues the trend of recent months since since October it has been above 15%. Compared to December, it has dropped one tenth. With regard to Navarra, the prices of food and alcoholic beverages have moderated their rise to 15.7%, two tenths less than in December.
The CPI of the Spanish State picks up to 5.9% in January and food prices moderate to 15.4%
The CPI rose to 5.9% in Spain in January compared to the same month last year. Year-on-year inflation was 5.7% in December, two tenths less than in January.
Food prices moderate their rise to 15.4% in their interannual rate, three tenths less than in December, after the VAT reduction applied to certain products in the shopping basket.
According to the INE, the rise in the year-on-year CPI is mainly due to the rise in the prices of fuels and fuels. Specifically, in the last month they have become more expensive by 9.5%, and by 11.7% in their interannual rate. The clothing and footwear group also increased its year-on-year rate by more than two points in January, up to 3.6%, due to the fact that the sales this year have been less than those of the same month in 2022.
Core inflation (excluding unprocessed food and energy products), for its part, has risen five tenths to 7.5%. It is the highest since December 1986 and places its difference with the general CPI at more than one and a half points.
Source: Eitb
I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.
