Fuels and electricity rise but inflation remains negative

The inflation has remained in negative territory in June after registering a drop in prices YoY of 0.3%, according to data from the Consumer price index (IPC) provided this Monday by the National Statistics Institute (INE). In any case, there have been increases in the prices of fuels and fuels and electricity, compared to the falls of a year ago.

Thus, the index maintains negative records after -1% in May, -0.7% in April and 0.1% in March. Month over month, prices have risen 0.5%.


Food is 2.8% more expensive than a year ago

Regarding the special groups due to the crisis of coronavirus, among the so-called “goods Covid-19 ”- food products, beverages, tobacco, cleaning and non-durable household items, pharmaceuticals, pet food and personal care items – prices drop 0.2% from the previous month, but are 2.3% more expensive than a year ago. This maintains the upward trend started with the pandemic.

Paying attention to the prices of foods, its annual variation goes to 2.8% in June after 3.5% in May, while in the fresh the rate falls from 5.2% to 4.2%. Between the packed prices rise 2% over the previous year, when they did 2.3% in May.

In the prices of services in the pandemic – renting a house and garage, water distribution, sewerage, garbage collection, community expenses, electricity, gas, diesel for heating, telephone, music and television services in streaming, insurance, bank fees and funeral services – prices are down 2.4% year-on-year. Compared to May, prices rose 1.2%.

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