CPI in the Canary Islands: It rises to 3.5% in March, with increases in oils, potatoes and sheep meat
The Canarian Institute of Statistics (ISTAC) has reported that the annual variation rate of the Consumer Price Index (CPI) in the Canary Islands stood at 3.5% in March 2024. This represents an increase of four tenths compared to the previous month (3.1%) and exceeds the national average of 3.2%.
Among the products that have experienced the most price increase are oils and fats (41.5%), potatoes and their preparations (20.1%) and sheep meat (18.5%). In contrast, decreases were observed in clothing accessories and repairs (-4.4%), household appliances and their repairs (-3.4%) and recreational objects (-3.2%).
In monthly terms, the CPI in the Canary Islands rose 0.5% in March, accumulating an increase of 0.9% so far this year. The annual rate of core inflation (which excludes unprocessed foods and energy products) was 3.1%, three tenths below that registered in February (3.4%) and also lower than the national rate of 3.3%.
For more information, you can consult the ISTAC publication.
Publication
