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Inflation drops to 8% in April in Catalonia

Housing and transport prices decrease after record-high 9.5% in March

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13 May 2022 09:22 AM

by

ACN|Barcelona

The year-on-year inflation rate in Catalonia in April was 8%, down from the record-high 9.5% seen in March, according to figures made public by Spain's Statistics Institute (INE) on Friday.

This is the second-highest rate since 2002 when the INE began to keep records of inflation in Catalonia. 

Catalonia's Consumer Price Index is slightly below Spain's: 8.3% in April, a 1.5 percentage point drop from March's 9.8% - the highest rate since May 1985. 

Housing and transport prices, while both high, are down compared to rates seen a month earlier, but the cost of food and beverages, clothes, restaurants, and entertainment has increased. 

The cost of electricity, which began to skyrocket last summer, was somewhat cheaper in April although gas prices are higher than a year earlier in part due to the effects of the war in Ukraine.

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  • An estate agent advertises properties for rent and sale in Catalonia (by Sílvia Junyent Dalmau)

  • An estate agent advertises properties for rent and sale in Catalonia (by Sílvia Junyent Dalmau)

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