this gasoline price allowed a slight moderation. inflation in augustwhat happened? From 10.8% to 10.5% in JulyAccording to the final consumer price index (CPI) data released by the National Institute of Statistics (INE) this Tuesday, it is one-tenth above the 10.4% figure announced by the body on 30 December. Electric, foods and tourist prices continued to press Where the August average marked a historic record of 9.1%, on an inflation that made Spain the ninth highest among 19 countries in the eurozone. In particular, according to August data of INE, food prices increased by 13.8% annually.
Food and non-alcoholic beverages at 13.8% in January 1994, three-tenths from the previous month and the highest rate since the start of the series. In this behavior, milk price increases, cheese and eggs are higher this month than 2021, meat is stable year-on-year, and bread and cereals are up higher than last year’s August.
According to data published by INE, annual Core inflation rose three-tenths It rose to 6.4% in August.
The Harmonized Consumer Price Index (IPCA) places its annual rate at 10.5%, two-tenths lower than the previous month.
Ministry of Economy, slowdown in inflation in August the beginning of a continuing path in the coming months. They state that peaks in inflation were recorded in March, when Putin started the war, and in June, when Russia reduced gas supplies to Europe, and they comment that the slowdown in price increases coincided with the start of natural gas. Government’s package of measures.