Pensions could rise around 2.5% in 2026, according to the evolution of the CPI until September
He Consumer Price Index (CPI) increased its interannual rate three tenths in September, up to 3%its highest level since last February and one tenth above what was advanced by the National Institute of Statistics (INE) at the end of last month, which had forecast a rate of 2.9%, according to the final data published this Wednesday by the organization.
The increase in the interannual CPI in the ninth month of the year represents resume promotions after the stability that inflation showed in August compared to July (2.7% in both months).
“This evolution of interannual inflation is mainly explained by base effects in fuels and, to a lesser extent, electricity“, highlighted the Ministry of Economy, Commerce and Business.
Specifically, the INE has reported that the transport group It raised its annual rate by one point in September, to 2.2%, because the drop in prices of fuels and lubricants for personal vehicles was less than in September 2024. On the contrary, the drop in prices in passenger air transport stood out, greater than that recorded in the same month of the previous year.
For his part, the housing group increased its interannual rate 1.1 points, up to 7.1%, due to the fall in food prices electricitylower than that of September last year.
The underlying remains at 2.4%
The core inflation (without unprocessed foods or energy products) remained at the 2.4%one tenth above the data advanced by the INE at the end of last month. Economía has stressed that this percentage continues “on the path of moderation towards the European Central Bank’s objective of 2%.
The Department headed by Carlos Cuerpo has also highlighted that the inflation of food and non-alcoholic beverages stabilized in the 2.4% in September, highlighting the year-on-year drop in the price of olive oil by 34.5%.
In monthly terms (September to August), the CPI fell 0.3% after reducing the price of tourist packages and passenger air transport and increasing those of clothing and footwear due to the start of the autumn-winter season.
