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In May, the monthly variation of the CPI was 0.3%

17/06/2024
The most notable increases were in transport and in clothing and footwear, and the most notable decrease was in housing and basic services.

In May 2024, the monthly variation of the Consumer Price Index (CPI) was 0.3%, the cumulative variation was 2.4%, and the twelve-month variation (according to the linked series of the index) was 4.1%.

Twelve of the thirteen divisions of the CPI basket had positive impacts on the monthly variation of the index, and one division had a negative impact.

Among the divisions with increases in prices were transport (0.6%), which had an impact of 0.076 percentage points (pp), and clothing and footwear (1.9%), which had an impact of 0.051 pp. The remaining divisions had a combined impact of 0.192 pp.

The division with monthly decreases in prices was housing and basic services (-0.3%), which had an impact of -0.056 pp.


See:

Statistical Bulletin Consumer Price Index May 2024 

Technical Supplement (Spanish only)

 

National Statistics Institute