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

FinanceInternationalRTVE.esNov 13, 2026, 3:04 AMAI summary

Spain's National Statistics Institute (INE) confirmed that inflation stayed at 4.9% in October for a second consecutive month, its highest level in more than three years, driven by higher energy costs. Gasoline rose almost 21% and diesel 36%, so the direct discount of 20 cents per litre will continue to apply in December. Electricity rose 11.1% and natural gas 5.3%. Core inflation stands at 3.1%.

In 30 seconds

Inflation repeats at 4.9% in October, the highest rate since February 2023 (6%).
Gasoline rises almost 21% and diesel 36%, so the 20 cents per litre discount remains in December.
Electricity became 11.1% more expensive and natural gas 5.3% in October.

Read the full story at RTVE.es

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

inflación
IPC
energía
INE
precios

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

Keep reading

European stocks fall after Jensen Huang's resignation as Nvidia CEO
European and Asian stock markets mostly fell on Friday as investors assessed the impact of Jensen Huang's departure as Nvidia chief executive on the AI industry. Nvidia said Huang left his roles with immediate effect and that chief financial officer Colette Kress is taking over as interim chief executive. Nvidia shares fell 4.3% on Thursday on Wall Street. Brent rose 0.7% to $96.48 after Trump said the US does not need a deal with Iran.
FinanceInternationalEuronews.com3:22 AMAI
Inflation holds at 4.9% in October on pressure from tourism and gas
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.
FinanceInternationalEL PAÍS3:00 AMAI
Schroders sees cheap quality companies outside the US and a 2027 shaped by bonds
Johanna Kyrklund, chief investment officer of Schroders Group, points to quality companies trading at cheap valuations, especially outside the United States, as an opportunity for 2027 — an unusual combination that allows investors to diversify beyond AI and the big US tech names. She also warns that risks — geopolitics, AI and debt — are increasingly correlated and that "everything comes back to the bond market", with fiscal credibility as a differentiating factor between markets.
FinanceInternationalFinect2:52 AMAI
Enagás raises its stake in France's Teréga to 49.5% after buying 18% from EDF for 311 million
Enagás, through its subsidiary Enagás Internacional, signed an agreement with EDF Invest to acquire an 18% stake in France's Teréga for 311 million euros. Together with the 31.5% it bought from GIC in July, the group raises its stake to 49.5% of the capital. The remainder is split between Italy's Snam (40.5%) and Predica, a Crédit Agricole Assurances subsidiary (10%). Enagás expects to close the deal before the end of 2026 and the acquisition will not change control or governance at Teréga.
FinanceInternationalLa Vanguardia2:51 AMAI

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

In 30 seconds

Comments

Keep reading

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

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

Schroders sees cheap quality companies outside the US and a 2027 shaped by bonds

Enagás raises its stake in France's Teréga to 49.5% after buying 18% from EDF for 311 million