The year-on-year CPI rises to 5% in the ACV and 5.3% in Navarre in September
Inflation in the Spanish state in September stood at 4.9%, six tenths higher than in August, the highest rate since February 2023.
Fuel-driven inflation has risen to 5% and 5.3% in Navarre. Stock Photo: Europa Press
Inflation has also risen in September and the year-on-year rate has stagnated at 5% in the Basque Autonomous Community (CAV) and 5.3% in Navarre, half a point and 1.1 points higher than the previous month, respectively, according to the latest data released today by the National Institute of Statistics (INE).
The year-on-year rate has also risen to 5.4 per cent in Álava, 5.3 per cent in Bizkaiaand 4.3 per cent in Gipuzkoa.
According to the INE, the rise in fuel prices and the rise in the prices of tourist packages have fuelled the rise in inflation.
From August to September, the Consumer Price Index (CPI) rose one tenth in the ACV and four tenths in Navarre.
So far this year, prices have risen by 3.9% in the ACV and Navarre.
In the Spanish statethe year-on-year rate was 4.9% in September, which is six tenths higher than in August, making it the highest since February 2023 (6%).
On the other hand, underlying inflation (excluding energy and fresh food) has risen two-tenths in September to 3.1%.
20 cents per litre of fuel off in November
Petrol and petrol have become more expensive by 34% and 27%, well above the 15% barrier set by the Spanish Government, so a discount of 20 cents per litre of fuel will also apply to them from 1 November.
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