Published 17 days ago

Inflation rebounds to 3.3% in April due to rising fuel prices

Summary by El Pais

Inflation rebounded slightly in April to 3.3%, as announced this Monday by the National Statistics Institute (INE). It is one tenth higher than the rate recorded in March, although the underlying rate — which excludes energy and fresh food — continues on the path of moderation, going from 3.3% to 2.9%. This figure reflects the de-escalation in the prices of the items that make up the shopping basket of Spaniards analyzed by the CPI, although the…

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El Pais

Inflation rebounds to 3.3% in April due to rising fuel prices

17 days ago·Spain

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OKDIARIO

The CPI rises again to 3.3% for food and exceeds core inflation

Inflation rises seven tenths and exceeds underlying, which is the most worrying for the ECB and economists, as it excludes volatile elements and better reflects the so-called 'basket of goods'. The Consumer Price Index (CPI) rose 0.7% in April compared to the previous month and increased its annual rate by a tenth, to 3.3%, due to energy and food price increases, according to preliminary data from the National Institute of Statistics (INE) on Mo…

17 days ago

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Vozpópuli

The CPI is relentless and inflation rises again by a tenth in April, to 3.3%

The Consumer Price Index (CPI) for April was 3.3% higher than last year, representing one tenth more inflation than in March, as announced this Monday by the National Statistics Institute (INE). In monthly terms, prices grew by 0.7%. The INE explains that “this evolution is mainly due to the rise in gas prices, compared to the drop in April 2023, and to the increase in food prices, greater than last year. Also, although to a lesser extent, to el…

17 days ago

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