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In April, the monthly variation of the CPI was 0.5%

17/05/2024
The most notable increases were in food and non-alcoholic beverages and in transport, and the decrease in clothing and footwear.

In April 2024, the monthly variation of the consumer price index (CPI) was 0.5%. The cumulative variation of the CPI was 2.2%, and the twelve-month variation (according to the linked series of the index) was 4.0%.

Eight of the thirteen divisions of the CPI basket had positive influences on the monthly variation of the index, three divisions had negative influences, and two divisions had no influence.

Among the divisions with increases in prices were food and non-alcoholic beverages (0.7%), which had an impact of 0.154 percentage points (pp), and transport (1.1%), which had an impact of 0.148 pp. The remaining divisions with positive influence had a combined impact of 0.298 pp.

Among the divisions with monthly decreases in prices, the most notable was clothing and footwear (-1.9%), which had an impact of -0.052 pp.

 

See:

Statistical Bulletin Consumer Price Index April 2024

Technical Supplement (Spanish only)

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