Inflation rebounds in the Canary Islands in April and stands at 1.8%

La inflación repunta en Canarias en abril y se sitúa en el 1,8%

Inflation in the Canary Islands experienced a slight rebound in April, with an annual variation rate of 1.8%, according to the latest data published by the Canary Islands Institute of Statistics (ISTAC). This represents an increase of two tenths compared to the previous month (1.6%).

Despite this increase, the Canary Islands remain below the national average, where the Consumer Price Index (CPI) stood at 2.2%, four tenths more than in the archipelago.

Among the products whose prices have increased the most in the last year are eggs (15.5%), intercity public transport (13.1%) and products such as coffee, cocoa and infusions (12.8%). On the opposite side, notable decreases were recorded in oils and fats (-31.5%), recreational objects (-4.0%), furniture and floor coverings (-3.3%) and potatoes and their preparations (-3.3%).

Regarding the monthly variation, April closed with an increase of 0.8% in the Canary Islands, placing accumulated inflation so far this year at 1.1%.

For its part, core inflation – which excludes unprocessed food and energy products – reached 2.0% in the islands, four tenths more than in March. At the state level, this rate was 2.4%, exceeding by the same proportion that registered in the archipelago.

Fountain: ISTAC, Grafcan.

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