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Prices decreased by 0.5% in September

Catalonia posts a -0.5% annual inflation rate in September, the second consecutive negative figure this year. This decline is mainly caused by the fall in electricity and fuel prices, which has led to an annual decrease in housing (-3.5%) and transportation (-6.6%) prices. However, the sector which registered the highest drop in monthly terms was leisure, -3% in comparison to last September. On the other side, the price of clothing, education and medicine has increased this month, while food and non-alcoholic beverage prices remained steady. All the Autonomous Communities have seen a decrease in the annual inflation rate and in Spain as a whole prices have dropped by 0.9%. Catalonia is, together with the Basque Country, the Community with the second-smallest decrease in the annual inflation rate. 

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14 October 2015 07:15 PM

by

ACN / Sara Prim

Barcelona (CNA).- The negative inflation rate has been accentuated by the drop in electricity and housing prices, which has led to an annual decrease in housing (-3.5%) and transportation (-6.6%) prices. However, the sector which registered the highest drop this September was neither of these; the leisure sector's prices decreased by 3% in comparison to the same month last year. On the other side, the price of clothing, education and medicine has increased this month, while food and non-alcoholic beverage prices remained steady. All the Autonomous Communities have seen a decrease in the annual inflation rate and in Spain as a whole prices have dropped by 0.9%. The trend in Catalonia was slightly better, as prices dropped by 0.5% this September. This is the second negative figure in a row this year, after August's 0.1% decrease in prices.


The sectors which registered the highest drop this September in Catalonia were leisure (-3%), transportation (-1.5%), hotels and restaurants (-1.3%), prices related to housing (-0.9%) and alcoholic beverages and tobacco (-0.1%). The communications, food and non-alcoholic beverages and other goods and services groups remained steady this month. On the other hand, clothing and footwear registered the highest increase (4.3%), followed by furniture and education (0.4% in both cases) and medicine (0.1%).

In annual terms, the drop in electricity and fuel prices has led to a drop in housing and transportation prices, which have dropped by 6.6% and 4.5% respectively, compared to September last year. 

The drop in prices in Spain as a whole has been higher than in Catalonia, decreasing by 0.9%. As in Catalonia, this rate is the second negative figure in a row, as in August prices in the whole of Spain also dropped, by 0.4%. All the Autonomous Communities have seen a decrease in the annual inflation rate. The Balearic Islands top the ranking with the lowest decrease (-0.4%) and Catalonia is in second position, together with the Basque Country, with a 0.5% decrease. 

 

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  • The drop in fuel's prices accentuated the negative inflation rate (by ACN)

  • The drop in fuel's prices accentuated the negative inflation rate (by ACN)