The Consumer Price Index (CPI) in the Canary Islands registered a year-on-year increase of 3.4% in June. This rise is two tenths higher than the rate recorded the previous month, according to definitive data published by the National Statistics Institute (INE). With this figure, prices in the Archipelago have seen four consecutive months of increases.
In monthly terms, inflation in the Canary Islands experienced a 0.6% rise in June, and the accumulated increase so far this year stands at 2.1%. Prices have surpassed last year's level across all categories.
The transport sector saw the largest increases, with an 8.3% rise compared to June of the previous year, although this rate is 1.3 points lower than the previous month. Following closely are restaurants and accommodation services, with a 5.2% increase (0.2 points less than the previous month). Other categories with significant rises include alcoholic beverages and tobacco (3.7%) and personal care, social protection, and miscellaneous goods and services (3%).
On the other hand, the most moderate year-on-year increases are observed in information and communications (1.2%), furniture, household goods, and routine household maintenance (1.2%), education (1.5%), and food and non-alcoholic beverages (1.5%).
Nationally, the CPI increased by 0.6% in June compared to the previous month, maintaining its year-on-year rate at 3.2%. The autonomous communities with the highest CPI rates at the end of June were Madrid (3.8%), Cantabria (3.5%), and Balearic Islands (3.4%). At the opposite end were Extremadura (2.4%), Navarre (2.7%), and Asturias (2.7%).
