June 14, 2021

Prices add up to six consecutive months above 2% in October

Prices add up to six consecutive months above 2% in October


MadridUpdated:

Prices have risen in October 2.3%, the same year-on-year rate registered the previous month, as reported by the INE on Wednesday. Specifically, in this way, the IPC chains 6 months above 2%. For its part, the annual rate of core inflation has increased two tenths, up to 1.0%. While the monthly variation of the general index is 0.9%.

For its part, the Harmonized Index of Consumer Prices (HICP) It has placed its annual rate at 2.3%, which is maintained with respect to the month of September. In October, the monthly variation rate of the general CPI was 0.9%.

This behavior has been attributed by the INE to the prices of fuels that have gone up more than a year ago and those of transport, especially air, which have also increased more than in October 2017. Within leisure and culture, prices have remained the same as a year ago whileHousing has fallen by interannual rate over one point and the increase has been at 4%. Especially, influenced by the drop in electricity prices in the last 12 months.

What has partially compensated for the increase in gas prices, which rise with respect to the same time of the previous year. Telephony services have also declined compared to October of a year ago.

By communities, autonomous prices have decreased in nine autonomous communities in October compared to September, has been maintained in three and increased in the remaining five. The greatest decreases have taken place in Aragón and La Rioja, with a decrease of two tenths in both. On the other hand, Cantabria and Comunidad de Madrid are the communities that have recorded the highest increases, of two tenths in each of them.

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