IPC drops to 2% in May due to the degree of electricity and tourist prices


The consumer price index (CPI) falls to 2% in May, two tenths less than in April, according to the data confirmed by the National Statistics Institute (Ine) on Friday.

In this way, The CPI records the lowest value since last Octoberwhen it was 1.8%.

The statistical organ details that this fall of the year -on year percentage responds to the Favorable evolution of tourism -related services, Passenger air transport and good electricity prizes behavior.

With the moderation of the year -An IPC in the fifth month of the year, Inflative chains three months descents in his year year percentage.

The underlying inflationThat which does not include the most volatile elements, such as fresh food and food, and measures the structural evolution of prices for medium term, was placed at 2.2%, two tenths less than last April.

For his part, the harmonized IPC (IPCA) remembered its interanual percentage of May, to 2%, while remaining unchanged in monthly values.

In monthly terms, the CPI increased by 0.1%, although the data that was performed by statistics at the end of last month pointed to the stagnation of the prices.

He Ministry of Economy It emphasizes that “inflation in Spain remains in the reference level for the European Central Bank, while conjugating with one of the greatest economic growth among the most important European economies.”



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