Inflation holds at 4.9% in October on pressure from tourism and gas

FinanceInternationalEL PAÍSNov 13, 2026, 3:00 AMAI summary

CPI held at 4.9% in October, as confirmed by INE, and core inflation repeated at 3.1% for a second consecutive month. Higher gas and package holiday prices sustained the level, while food moderated three tenths to 2.4%. With these figures, the government extends in December the 20-cent-per-litre cut on petrol and diesel, and keeps the special hydrocarbons tax cut for butane and propane.

In 30 seconds

CPI held at 4.9% in October and core inflation repeated at 3.1%, according to INE
Gas and package holidays pushed prices up; food slowed three tenths to 2.4%
The government extends in December the 20-cent-per-litre cut on petrol and diesel

Read the full story at EL PAÍS

IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.

inflación
IPC
energía
turismo
carburantes

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Inflation holds at 4.9% in October on pressure from tourism and gas

In 30 seconds

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Keep reading

European stocks fall after Jensen Huang's resignation as Nvidia CEO

Inflation holds at 4.9% in October, its highest level since February 2023

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