The consumption price index (CPI) has raised the year -on -year rate of September two tenths, to 2.9%, being its highest level since last February. When compared to the Inflation index last monththis increase is appreciated that is mainly due to the fact that the price of gasoline and diesel as well as that of food in the supermarket have dropped less than what they did in September 2024. That is, this year It is more expensive to fill the car deposit and the shopping cart.
The data, published by the National Statistics Institute (INE) also indicate that this rebound shows that the IPC rises recovering a trend that abandoned before summer. On the part of the Ministry of Economy, Commerce and Company of Carlos Body, cited by Europa Press, it has been highlighted that “the evolution of year -on -year inflation is explained by the base effects on fuels and to a lesser extent, in electricity.”
The underlying marks a tenth less
The INE has also presented in these data on the CPI an estimate of the underlying inflation that is not the one that does not contemplate unprocessed foods or energy products and has dropped a tenth to 2.3%.
Break with a two -month rise and from the Government it has been explained that “the underlying inflation that excludes energy and unplanned foods, continues with the descending path towards the objective of the European Central Bank (ECB).”
Price drop in 0.4% in the month
In the monthly terms (of the month of September comparing it with August), the CPI dropped 0.4%, which marks the largest monthly decrease since September 2024 when 0.6%was reduced.
The harmonized IPC (IPCA) has risen the year -on -year rate in September until it is placed at 3%, on an increase of 0.1% monthly. The underlying IPCA is estimated at 2.4% for this month as stated. The INE will announce the final IPC of September on October 15.