The most notable increases were in food and non-alcoholic beverages and in housing and basic services, and the most notable decrease was in insurance and financial services.
In August 2024, the monthly variation of the Consumer Price Index (CPI) was 0.3%. The cumulative variation of the CPI was 3.4%, and the twelve-month variation (according to the linked series of the index) was 4.7%.
Six of the thirteen divisions of the CPI basket had positive impacts on the monthly variation of the index, six divisions had negative impacts, and one division had no impact.
Among the divisions with increases in prices, the most notable were food and non-alcoholic beverages (0.5%), which had an impact of 0.112 percentage points (pp), and housing and basic services (0.4%), which had an impact of 0.071 pp. The remaining divisions with positive influence on the variation of the CPI had a combined impact of 0.148 pp.
Among the divisions with monthly decreases in prices, the most notable was insurance and financial services (-2.1%), which had an impact of -0.022 pp.
See:
Statistical Bulletin Consumer Price Index August 2024
Technical Supplement (Spanish only)