The Consumer Price Index (CPI) has increased in May to 8.7% year-on-year and there has been a historical record in the food rate. According to data published this Friday by the National Institute of Statistics (INE), food and non-alcoholic beverages registered a rate of 11%, nine tenths more than in April and the highest since the beginning of the series, in January 1994 .
The increase in such common and essential products as oils, flour, eggs, meat and dairy products stands out in this group. Specifically, olive oil has increased by 36.5% and other edible oils by 95.4%.
The prices of services have also been increased exceptionally. Although the average for hotels, cafes and restaurants is 6.3% (the rate is the highest in this group since August 2001), the 45.5% increase in hotels, hostels, boarding houses and services should be noted. similar accommodation.
On the other hand, although they are at the top of the table, among the groups with negative influence, the INE points to housing, whose rate stands at 17.5%, more than one point lower than that of April, due to to the decrease in the prices of electricity and, to a lesser extent, of gas oil for heating, compared to the increases registered in May of the previous year.