The Consumer Price Index (CPI) remained at 3.8% year-on-year in the region in June, according to definitive data published by the National Statistics Institute (INE). This figure places Madrid at the forefront of price increases in Spain, ahead of Cantabria (3.5%) and the Balearic Islands (3.4%).
The sectors that have most contributed to this price rise are transport, with a year-on-year increase of 6.5%, and housing, which includes water, electricity, gas, and other fuels, with a rise of 6.2%. Restaurants and accommodation (5.2%) and financial services and insurance (3.5%) have also seen significant price increases. The only category that has decreased is information and communications, with a drop of 0.2%.
In the year-to-date cumulative figures, the price increase in the Community of Madrid reaches 2%, following a monthly increase of 0.6% recorded in June. Nationally, inflation has remained stable at 3.2% for three consecutive months, in a context marked by the progressive withdrawal of tax rebates on electricity and gas since June 1.
On the opposite end of the inflation spectrum were Extremadura (2.4%), Navarre, and Asturias (both at 2.7%).
