The increase in electricity and fuel prices has raised the general inflation rate in September to 3.5%, which is nine tenths of a percentage point higher than in the same month last year and its highest level since April.
For its part, the underlying rate moderated by three tenths, to 5.8%, the lowest value since June 2022, according to the leading indicator of the National Statistics Institute (INE).
As the INE explains, this evolution is mainly due to the increase in electricity prices, which fell in September 2022. Also noteworthy, although to a lesser extent, is the rise in fuel prices, compared with the fall recorded in September the previous year, or tenths above that recorded the previous month.
The definitive data for the Consumer Price Index (CPI) for September will be published by the INE on 13 October.
