The CPI rose by a tenth in the Basque Country and stood at 2.4% in February

The Year-on-year Consumer Price Index (CPI) rose by a tenth in the Basque Country in February to 2.4 per cent, withÁlava remaining at 2.6 per cent, Bizkaia at 2.7 per cent and Gipuzkoa at 2 per cent.

The rise is mainly due to the rise in prices in restaurants, accommodation services, and food, while electricity has become cheaper, mitigating overall growth. Underlying inflation, excluding unprocessed food and energy products, rose by a tenth to 2.7%, the highest value since August 2024.

Data from Spain

In Spain, the CPI has remained at 2.3%, with the fall in electricity compensating for the increase in food and services. In monthly terms, the Spanish CPI rose by 0.4%, the largest increase since October 2025 due to the increase in the prices of restaurants, transport and food.

Finance Minister Carlos Cuerpo has warned that the February data still do not reflect the impact of the rise in energy prices caused by the Iranian war, which will be felt in March.