Inflation is breathtaking. In the province of Alicante, the Consumer Price Index (CPI) in September rose to 3.7%, two tenths above the national average, due to the increase in electricity and fuel costs. The increase was 0.2% at the monthly rate, making it one point above August and the highest since last April, when the record was 4.3%. Food also contributed to the increase. He draws attention to the situation where oils and sugar, whose prices are out of control, are 42 percent and 40 percent more expensive, respectively, than a year ago..
Although there was a decrease in electricity, gas and fuel prices in September 2022, this time the opposite happened; There was a monthly increase of 0.9% in a context marked by the war conflict in Israel and the Gaza Strip. It shows that oil prices will continue to increase. This was decisive in the rise of inflation, confirming what the National Statistics Institute (INE) announced on September 28. As a result, energy is now 33.8% cheaper than a year ago.
The food and non-alcoholic beverages group was also decisive in the new increase in CPI, showing a change of 0.7% on a monthly basis. And this The shopping cart has not stopped rising and is now 10.7% more expensive than the same month the previous year.. Besides fats and sugar, which have the most significant increases on an annual basis, pork also stands out with an increase of 14.7%; that of fresh legumes and vegetables 12.8%; mineral water, soft drinks and fruit juices 12.3%; and that of milk 12.1%. On the other hand, among the foods that showed the least increase was poultry meat with 2.6%; Bread with 4.6%; and fresh and frozen fish at 6%.
Alcoholic beverages and tobacco increased by 8.5% annually.: restaurants and hotels, 5.9%; entertainment and culture, 5.5%; transportation and communications 4.3%; and furniture and household goods, 4.1%. Clothing and footwear also increased, up 3.8%; health with 2.3%; and teaching with 1.7%.
For your part, Core inflation, which excludes the most volatile energy and unprocessed food prices, continued its decline of three-tenths in September, falling to 5.8%.It was the lowest rate since June last year.
Finally, the province of Alicante is the sixteenth province with the highest increase in interannual inflation throughout the state.