In the Spanish state, the interannual interest rate for February is 2.8%, six-tenths less than in January. On the other hand, food prices rose by 5.8% year-on-year in the BAC and by 6.1% in Navarra in February, the least significant figure since February 2022.
OA | EITB media
The interannual CPI for February fell to 3.1% in the Basque Autonomous Community (CAV) and 2.5% in Navarre, mainly due to the decline in the price of electricity and food.
According to data published on Thursday by the National Statistical Institute (INE), the interannual rate for February was four-tenths lower than the interannual rate recorded in January, both in the BAC (3.5%) and in Navarra ( 2.9%).
In monthly terms (from January to February) the consumer price index (CPI) increased by 0.6% in the BAC and by 0.4% in Navarra.
So far this yearprices in the BAG increased by 0.8%, while in Navarra they fell by 0.1%.
By territory, in Bizkaia the interannual CPI is 3.3% Gipuzkoa in 3.2% and in Arabia at 2.5%. Compared to last January, the CPI increased by 0.8% in Bizkaia, 0.5% in Araba and 0.4% in Gipuzkoa.
In the Spanish state as a whole, the consumer price index (CPI) rose by 0.4% in February compared to the previous month and cut the annual interest rate by six-tenths to 2.8%.
In February the food price It has fallen to 5.8% in the BAG and 6.1% in Navarra in its interannual rate, 1.2 and 1.1 points less than in the previous month. This is the least pronounced increase since February 2022, for both BAG and Navarra. In the Spanish state, the price of food and non-alcoholic drinks increased by 5.3% year-on-year in February, a figure 2.1 points lower than that of the previous month and the least pronounced since January 2022.
On the other hand, the Underlying inflation (general index excluding unprocessed food and energy products) fell by one-tenth to 3.5% in February, bringing the difference with the general CPI to seven-tenths.
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.
