Advance CPI data for May 2022, May CPI stands at 8.7%, slightly higher than last month

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Advanced underlying inflation in the Spanish state has also risen from April: prices, excluding energy or unprocessed food, have risen 4.9% over the past year. It is the highest percentage since 1995.

Euskaraz irakurri: KPIa % 8.7an kokatu da maiatzean, aurreko hilean baino apur bat gorago

The Advance consumer price index (CPI) is located in may 8.7%, that is, four tenths above the April figure. According to data from the National Statistical Institute, prices have increased overall by 8.7% over the past year. The annual variation for April was 8.3%, representing a four-tenths increase in the indicator.

High inflation is again characterized by: high prices for fuel and food and non-alcoholic drinks, which rose more than in May last year. The lower electricity price increase, which is less than the one recorded in May 2021, softened the global CPI data, which was very close to 10% at the beginning of the year.

In terms of the monthly evolution, after a slight drop of 0.2% in April, prices have increased by 0.8 percent in the past month, the same as in February, but further than the high figure of March ( 3 %).

Concerning the Core CPIwhich does not take into account energy products or unprocessed foods), increases by half a point compared to April and is in May in the 4.9% This is the highest percentage since October 1995.

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Source: EITB

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