The CPI drops 2.2% in February in the Balearic Islands
The areas where prices rose the most in the Balearic Islands compared to the same month of the previous year were restaurants and accommodation services.
PalmThe Consumer Price Index (CPI) will drop to 2.2% in the Balearic Islands in February in year-on-year terms, two tenths per month of the year-on-year rate of the previous month, according to the definitive data published here by the National Institute of Statistics (INE).
February's inflation is the highest recorded in the Balearic Islands since October 2024. In monthly terms, inflation in the Balearic Islands will increase by 0.4%, while in the same period prices will decrease by 0.1%.
The most expensive price bids in the Balearic Islands compared to the previous month will be in restaurants and allotment services, 6.2% more than in February 2025 (+0.4 points compared to the interannual rate recorded the previous month); alcohol and tobacco consumption, 4.9% more (-0.4 points); insurance and financial services, 3.8% more (-1.1 points) and food and non-alcoholic beverages, 3.5% more (+1 points).
On the contrary, the highest increase in year-on-year rates will be in information and communications, -0.1% (-0.3 points compared to the previous month's rate), the only category in which it will be reduced. At the national level, the CPI will increase by 0.4% in February compared to the previous month and will maintain the seventh interannual rate, ending at 2.3%.
At the end of February, the highest CPI taxes were presented by Madrid (2.9%), Valencia (2.6%) and Extremadura (2.5%). On the opposite coast are La Rioja (2%), Catalonia (2%) and Castella - la Manxa (2%). Galícia (+0.3%), Extremadura (+0.2%) and Múrcia (+0.2%) appear to be the communities with the highest increases in year-on-year tax rates, while the Canary Islands, the Balearic Islands and Madrid have decreased by 0.2%, 0.2% and 0.1%, respectively.