Inflation rose to 2.3% in July and food became more expensive by 10.8%, half a point more

Core inflation (excluding unprocessed food and energy products) rose three tenths in July, up to 6.2%

MADRID, 11 Ago. (EUROPA PRESS) -

The Consumer Price Index (CPI) increased by 0.2% in July in relation to the previous month and raised its interannual rate by four tenths, to 2.3%, mainly due to the rise in fuel prices and also to the increase in food prices, which climbed five tenths to 10.8%.

With the final data for July published this Friday by the National Institute of Statistics (INE), inflation resumes its rise and puts an end to two consecutive months of falls that led the CPI in June to 1.9%, its lowest level since March of 2021.

For its part, the INE has confirmed that core inflation (excluding unprocessed food and energy products) rose three tenths in July, to 6.2%, standing almost four points above the general CPI.

Statistics have attributed the increase in the general CPI to the rise in prices of fuels and lubricants for personal vehicles, the increase in the cost of clothing and footwear, the increase in tourist packages and the rise in food and non-alcoholic beverages.

In the case of the prices of food and non-alcoholic beverages, the INE has confirmed that they increased their variation by five tenths and reached 10.8%, due to the fact that the prices of fruit and oils and fats increased in July this year, compared to the decrease registered in the same month of 2022.