The annual rate of the Consumer Price Index (CPI) increased one tenth in August in the Balearic Islands, to 3.1%, with food 10.7% more expensive than a year ago, according to the latest data published by the National Statistics Institute (INE). Sugar and oils experience the highest price increase compared to August 2022<\/p>\n
The food group has become more expensive this 2023 by 10.7% compared to 2022, according to figures published by the National Statistics Institute (INE). Of these, sugar has become the most expensive, with prices soaring 38% compared to August 2022. It is followed by oils and fats (20.7%), potatoes and their preparations (15.5%), mineral water, soft drinks and juices (14.7%), milk (12.7%) and pork (12.6%).<\/p>\n
In opposition, the CPI falls in the housing segment by 17.1% due to the drop in heating, lighting and water distribution (-37.1%) compared to 2022.<\/p>\n
As regards the other sections, prices rose by 7.5% in alcoholic beverages and tobacco, 7.1% in leisure and culture, 6.7% in hotels, cafes and restaurants, 6.1% in medicine, 4.6% in communications, 4.3% in household goods, 3.2% in education and 3% in clothing, footwear and transport.<\/p>\n
So far this year, the CPI accumulates an increase of 4.1% in the Balearic Islands, compared to 0.9% in July.<\/p>\n
In Spain as a whole, the CPI increased by 0.5% in August compared to the previous month and raised its year-on-year rate by three tenths of a percentage point to 2.6%. This is due to the rise in the prices of fuels and lubricants for personal vehicles and liquid fuels. The price of food moderated its growth by three tenths of a percentage point to 10.5%.<\/p>\n","protected":false},"excerpt":{"rendered":"