Prices rise two tenths again to 5.6% and remain at 29-year highs

BarcelonaThe Consumer Price Index (CPI) rose again in November in relation to the previous month and placed the annual rate at 5.6%, two tenths more than in October and the highest level in 29 years, due to the rise in the price of food and, to a lesser extent, fuel.

With the November figure, the highest since September 1992, the year-on-year CPI registers its eleventh consecutive positive rate, according to advanced data released on Monday by the National Statistics Institute (INE).

The year-on-year performance of the CPI highlights the rise in food prices and fuel for private vehicles, in contrast to the declines experienced in November 2020.