The IPC rises two tenths in September, to 2.9%

The IPC rises two tenths in September, to 2.9%


He Consumer Price Index (CPI) raised its interannual rate in September two tenths, until the 2.9%its highest level since last February, because the prices of fuels and electricity fell less than in the same month of 2024, according to the data advanced on Monday by the National Institute of Statistics (INE).

With this two tenth rebound in the ninth month of the year, the interannual IPC Returns to the increases after August was maintained at 2.7%, the same rate as in July.

The agency has explained that the increase in CPI in September is due to the fact that fuels and the electricity They cut their prices less than a year earlier.

“This evolution of year -on -year inflation is mainly explained by base effects in fuel and, to a lesser extent, electricity,” the Ministry of Economy, Commerce and Business has emphasized.

The underlying drops one tenth, up to 2.3%

The INE incorporates an estimate of the IPC data from the IPC underlying inflation (without unprocessed food or energy products), which in September decreased one tenth, to the 23%.

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With this descent, the underlying inflation Break with two consecutive months of year -on -year increases.

“The underlying inflation, which Excludes energy and unprocessed foodscontinues its descending path towards the objective of the European Central Bank, “said the department directed by Carlos Body.

Prices fall 0.4% in the month

In monthly terms (September about August), The IPC dropped 0.4%its largest monthly decrease since September 2024, when it decreased 0.6%.

For its part, the Harmonized IPC (IPCA) He raised his interannual rate in September, to 3%, and rose 0.1% in monthly values. The underlying inflation of the IPCA is estimated at 2.4% for the ninth month of the year, according to statistics.

The INE will publish the final data of the September CPI next October 15.



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