Inflation rises to 2.2% in Catalonia
The country registers its highest inflation since 2008 and the highest monthly-rise of prices in all Spain, according to the data published by the Institute of Statistics
Barcelona (ACN).- Figures from the National Statistics Institute indicate that inter-annual inflation is now at 2.2% in Catalonia, five points higher than it was in June, and 0.3% higher than in the rest of Spain. It is also the highest Catalonia has experienced in the last 24 months.
The rise is mainly due to the increase in VAT introduced in July, which has affected the prices of transport, housing, fuel and electricity in particular. The VAT rise has also increased the price of package holidays, food and non-alcoholic drinks, which are all more expensive than they were in 2009.
The monthly Consumer Prices Index (CPI) has, however, fallen 0.3 points, thanks to the sales summer season of June and July, during which prices decrease by 0.4 points all over Spain.