Catalonia sees inflation increase in August due to rising fuel prices

Goods now an average of 2.5% more expensive than last year

A Repsol petrol station in Palol de Revardit in the northern Pla de l'Estany county on July 25, 2017
A Repsol petrol station in Palol de Revardit in the northern Pla de l'Estany county on July 25, 2017 / Lourdes Casademont
Catalan News

Catalan News | @catalannews | Barcelona

September 12, 2023 09:31 AM

September 12, 2023 09:37 AM

Catalonia's inflation rate rose by 0.2 percentage points in August to reach 2.5% compared to the same month last year, according to data published by National Institute of Statistics (INE) on Tuesday.

This is the second consecutive month the inflation rate has risen, a trend attributed to the rise in fuel prices.

Underlying inflation, also known as core inflation, which does not take into account the most volatile prices, fell to 6%, also a fall of 0.2 percentage points compared with July.

Food, although still 9.5% more expensive than a year ago, has recorded the lowest year-on-year variation since May 2022.