In the case of food, the overall increase was 9%, five tenths less than the previous month.
Inflation moderated to 3.4% in November in the Basque Country and to 3.1% in Navarre in November, mainly due to cheaper fuel and tourist packages, as well as the better performance of food, which rose by 9%, five tenths less than in previous years. month.
The National Institute of Statistics (INE) confirmed on Thursday that inflation rates rose two weeks ago, as did that of core inflation (excluding energy or fresh food), which fell by 0.7 points to reach 4.5%, the lowest figure since April last year.
The development of food prices is mainly influenced by the decrease in bread, cereals, milk, eggs and cheese, compared to the increases of the previous year, and that meat increased less than in November 2022.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
