In addition, prices increased by 0.2% compared to the previous month.
The Basque Country’s annual CPI rose to 2.9% in November due to the increase in electricity and fuel costs, while prices increased by 0.2% compared to the previous month.
According to data published on Friday by the National Statistical Institute (INE), the interannual rate for November represents an increase of six-tenths compared to that of October, which was 2.3%.
In Navarre, the CPI registered an annual rate of 2.1% in November, 0.1% less than the previous month. Leisure and culture, with a decrease of 2.2%, is the group experiencing the largest decline in the Foral Community compared to the previous month, together with hotels, cafes and restaurants (-1.4%).
The largest price increase is observed in residential construction, with an increase of 1.6%, according to data from the National Statistics Institute.
In Spain as a whole, the CPI rose to 2.4% year on year in November, up six-tenths from the previous month, while food inflation fell by two-tenths to 1.7%.
Pensions
The CPI data confirm this: premium and passive pensions will increase by 2.8% in 2025. The calculation obtained is 2.8%, so the state’s premium and passive pensions will increase by this percentage next year. In 2024, contributory pensions were revalued by 3.8% because average inflation was higher, while in 2023 they were revalued by 8.5%.
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.
