The annual variation rate of the CPI in the Canary Islands stands at 2.9% in July 2024

La tasa de variación anual del IPC en Canarias se sitúa en el 2,9% en julio de 2024
Consumer Price Index

The interannual variation rate of the CPI in the Canary Islands stands at 2.9% in July 2024, which represents a decrease of two tenths compared to the previous month's figure (3.1%). At the state level, this rate takes the value of 2.8%.

Oils and fats (30.7%), sheep meat (15.7%) and fresh legumes and vegetables (10.1%) are among the most inflationary goods and services. On the other hand, there have been decreases of 11.0% in clothing accessories and repairs, 3.1% in milk and 2.7% in women's footwear.

The monthly variation rate for July in the Canary Islands took the value -0.4%, placing the variation so far this year at 1.6%. On the other hand, the annual rate of the general index without unprocessed foods or energy products (core inflation) takes the value of 2.6%, being one tenth lower than that registered in June (2.7%). At the state level this rate reaches 2.8%.

More information at ISTAC, Grafcan.

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