The Consumer Price Index (CPI) fell to 3.8% in the Balearic Islands in October, two tenths below the previous month. These are the final data published Tuesday by the National Statistics Institute (INE). Food and non-alcoholic beverages, followed by alcohol and tobacco are the products whose prices have risen the most.

This data relating to the Consumer Price Index (CPI) for the month of October, which stands at 3.8% in the Balearic Islands, is the lowest in the series recorded in the Balearic Islands since August 2023.

Where prices rose the most in the islands with respect to 2022 was in food and non-alcoholic beverages, with an increase of 9.5%, and a decrease of 0.9 points with respect to the previous month; followed by alcoholic beverages and tobacco, 7.6%, 0.3 points less than in September; restaurants and hotels, 5.8%, 0.5 points less; and health, 5.7%, 0.9 points less.

alimentos sin iva 2023

On the contrary, where prices fell the most in year-on-year rate -with respect to 2022- was in housing, water, electricity, gas and other fuels, 5.6%, although up 5.8 points with respect to September.

At the national level, the CPI increased by 0.3% in October compared to September and maintains its year-on-year rate at 3.5%.

The highest rates at the end of October were in the Canary Islands, with 4.3%; Ceuta, with 4.1%; and Melilla, with 4.1%. On the opposite side are Aragón, with 2.5%; Extremadura, with 3%; and Asturias with 3.1%, which have the lowest rates.