Inflation in the Canary Islands saw a slight increase in April, with the annual Consumer Price Index (CPI) variation rate reaching 1.8%, according to the latest data published by the Canary Islands Statistics Institute (ISTAC). This marks a two-tenths increase compared to March (1.6%).
Despite this rise, the Canary Islands remain below the national average, where the CPI stood at 2.2%, four-tenths higher than in the archipelago.
Among the products that saw the most significant price hikes over the past year are eggs (15.5%), interurban public transport (13.1%), and coffee, cocoa, and infusions (12.8%). On the other hand, there were notable price drops in oils and fats (-31.5%), recreational items (-4.0%), furniture and floor coverings (-3.3%), and potatoes and related products (-3.3%).
In terms of monthly variation, April ended with a 0.8% increase in the Canary Islands, bringing the inflation rate so far this year to 1.1%.
Meanwhile, the annual rate of core inflation — which excludes unprocessed foods and energy products — reached 2.0% in the Canary Islands, up four-tenths from March. Nationally, this rate stood at 2.4%, four-tenths higher than the figure recorded in the archipelago.
Source: ISTAC