Inflation holds at 4.9% in October as fuel and food prices are contained
The CPI kept its annual growth rate at 4.9% in October, a level last seen in February 2023 and marking three consecutive months above 4%, according to final INE data. Fuels and lubricants pushed prices down, while food and clothing rose less than a year earlier. Tourist packages and gas partly offset this. Core inflation held at 3.1% and the CPI rose 0.6% month on month.
In 35 seconds
- Annual CPI held at 4.9% in October, a level last seen in February 2023, with three straight months above 4%.
- Fuels and lubricants, along with food (2.4%) and clothing and footwear (1.8%), eased inflation.
- Housing rose to 7.6% on gas prices and recreation to 4.1% on tourist packages.
IASummary generated by artificial intelligence from a story by LaSexta. It may contain errors: the original source prevails.





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