Prices raise 3 decimals in May in Catalonia and set the annual inflation at 2%

According to the Spanish statistics institute, annual inflation in Spain is fixed at 1.8% and prices have risen in May in the same proportion than in Catalonia, 3 decimals. The subjacent inflation in Spain has abandoned its negative sign and is set at 0.2


June 11, 2010 11:57 PM

Barcelona (CNA).- Inflation starts to take a normal shape, slowly abandoning the extremely low levels present during the crisis. Last May inflation raised 3 decimals, fixing the annual rate at 2% in Catalonia.

Clothe and shoe prices are among the responsible items for this increase, together with housing and fuels. A 2% inflation was not seen since November 2008. The annual subjacent inflation, which the inflation without taking into account fresh food and oil, has been set at 0.2%. It has thus quit its negative value that reached in April, the only time since 1986.