The increase in the CPI is constant: in February it rose by up to 6% in the Islands. The prices of food and non-alcoholic beverages have risen to almost 16% in just one year
The Consumer Price Index has risen to 6% this February in the Balearic Islands. The prices of food and non-alcoholic beverages have risen by almost 16% in just one year. Among those whose prices have shot up are basic products such as sugar, milk, oil, eggs, meat and fish. For the central government, this rise in prices, especially for fresh products, is due to the unfavourable weather conditions in Spain and other EU countries.
At the moment, filling the shopping basket is more expensive; clothes are more expensive; as are leisure, cinema and theatre tickets, and dining out. Only the prices of public transport and energy costs such as heating, electricity and water have fallen. The focus remains on inflation and its effect on household finances as food prices, instead of falling, continue to rise, and this increase is steady. All prices have risen in one year.