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In May, the monthly variation of the Consumer Price Index (CPI) was 0.2%

9-06-2026
The most notable increases were in the divisions of housing and basic services and transport, and the most notable decrease was in the division of food and non-alcoholic beverages.

In May 2026, the monthly variation of the Consumer Price Index (CPI) was 0.2%, the cumulative variation was 2.8%, and the twelve-month variation was 3.9%.

Nine of the thirteen divisions of the CPI basket had positive influences on the monthly variation of the index and four divisions had negative influences.

Among the divisions with increases in prices, the most notable were housing and basic services (0.7%), which had an impact of 0.123 percentage points (pp), and transport (0.6%), which contributed 0.083 pp.

The remaining divisions with positive influence on the variation of the CPI had a combined impact of 0.156 pp.

Among the divisions with monthly decreases in prices, the most notable was food and non-alcoholic beverages (-0.8%), which had an impact of -0.178 pp.

 

See:

Bulletin (English translation) 

Technical Supplement (Spanish only)

Statistical Tables (Spanish only)

National Statistics Institute