{"id":43417,"date":"2023-05-12T10:30:33","date_gmt":"2023-05-12T08:30:33","guid":{"rendered":"https:\/\/mallorcaglobalmag.es\/precio-de-los-alimentos-sigue-subiendo-ipc-en-abril-baleares\/"},"modified":"2023-05-12T10:58:53","modified_gmt":"2023-05-12T08:58:53","slug":"food-prices-continue-to-rise-in-the-balearics-april","status":"publish","type":"post","link":"https:\/\/mallorcaglobalmag.es\/en\/food-prices-continue-to-rise-in-the-balearics-april\/","title":{"rendered":"Food prices continue to rise in the Balearics"},"content":{"rendered":"
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The Balearic Islands once again recorded the highest rise in food prices in the month of April. According to the CPI data published this Friday by the National Statistics Institute (INE)<\/strong><\/p>\n

The Consumer Price Index (CPI) has registered in April in the Balearic Islands the highest increase in year-on-year rate, with a rise of 1.2 points, up to 4.6%<\/strong>. This is the result of the final data published by the National Statistics Institute (INE) on Friday.<\/p>\n

At the national level, the CPI rose by 0.6% in April compared to the previous month and increased its year-on-year rate by eight tenths of a point to 4.1%<\/strong>. The rise in fuel prices and a less intense decrease in electricity prices are the driving forces behind this increase.<\/p>\n

Food recorded the biggest rise in the Balearic Islands<\/h2>\n

In the Balearic Islands, according to the data published this Friday by the INE, food registered the most significant rise. They are up by 13% compared to April 2022. Followed by alcoholic beverages and tobacco (9.5%) and restaurants and hotels (8.6%)<\/strong>. In contrast, housing, water, gas, fuels and other fuels experienced decreases of -10.3% compared with a year ago.<\/p>\n

Compared with March, prices in the Balearic Islands rose by 0.6%. Of note were clothing and footwear, which rose by 7% with respect to March.<\/p>\n

State CPI<\/h2>\n

The Ministry of Economic Affairs has attributed the rise in the state CPI to the “base effect” of comparing inflation in April this year with the first months of the outbreak of war in Ukraine<\/strong>. Despite the eight-tenths of a point increase, the government stressed that the April figure “is less than half” of that recorded a year earlier.<\/p>\n

Core inflation – excluding unprocessed food and energy products – fell nine tenths of a point in April to 6.6%, 2.5 points above the general CPI<\/strong>. This was due to the “sharp slowdown” in food prices: these recorded “the biggest fall in the historical series” in one month. According to the INE, food prices grew by 12.9% year-on-year in April, more than 3.5 points below the rate in March.<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/header>\n","protected":false},"excerpt":{"rendered":"

The Balearic Islands once again recorded the highest rise in […]<\/a><\/p>\n","protected":false},"author":4,"featured_media":43414,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1515],"tags":[],"class_list":["post-43417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-tourism"],"yoast_head":"\nFood prices continue to rise in the Balearics - Mallorca Global Mag<\/title>\n<meta name=\"description\" content=\"The Balearic Islands once again recorded the highest rise in food prices in April, according to the CPI data published on Friday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mallorcaglobalmag.es\/en\/food-prices-continue-to-rise-in-the-balearics-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Food prices continue to rise in the Balearics - 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