Core inflation, on the other hand, fell by a tenth to 2.4%. The premium pensions will be revalued by 2.8% in 2025, because the twelve-month average interannual CPI (from December of the previous year to November of this year) is taken into account when determining the increase.
OA | EITB media
The Consumer Price Index (CPI) increased its interannual interest rate by six-tenths to 2.4% in November, according to data released today by the National Institute of Statistics (INE).
So inflationary chains two consecutive months of promotions (October and November) and reaches the highest value since July, when it was 2.8%.
The upward trend in annual inflation is mainly due to the increase in fuel prices and the increase in electricity pricescompared to the decline they experienced in November 2023.
In monthly installments (November compared to October) the CPI registered an increase of 0.2%, four tenths less than in October.
For its part, the core inflationwhich does not include unprocessed foods and energy products, has fallen by a tenth on an annual basis to 2.4%, making it equal to the general index.
The INE will publish the final CPI data for November on December 13.
Premium pensions will increase by approximately 2.8% in 2025
Contributory pensions are expected to rise by 2.8% in 2025 once inflation data for November (2.4%) is released, bringing forward the calculation of next year’s revaluation.
2.8% is the increase that will generally be applied to premium pensions the minimum and premium-free will have to increase above that figureas included in the last block of the pension reform.
According to data from the Ministry of Inclusion, the revaluation will mean that a pensioner receiving a pension of 1,441 euros per month (the average old-age pension) will receive 1,481 euros per month in 2025, which represents an annual increase of 565 euros or 41 euros. euros per month.
Source: EITB
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