The war in Iran is already impacting the cost of living for families
The increase in energy prices pushes inflation up to 3.3% in March in Spain
BarcelonaThe war in Iran and the resulting increase in energy costs have impacted inflation in Spain. Thus, the cost of living for families this March has notably increased compared to February, as a result of the rise in prices of fuels and electricity.
Thus, the consumer price index (CPI, the indicator that measures the evolution of prices of products and services habitually consumed by Spanish households) will close this month with an increase of 3.3% compared to March of last year, according to provisional data published this Friday by the National Statistics Institute. This figure represents an increase of one percentage point compared to the annual growth rate registered in February. registered in February.
Compared to the previous month, the growth was 1%, six tenths more than the growth registered between January and February.
The data takes into account the impact, during these last days, of the Spanish government's decree that came into effect last weekend and introduced tax reductions on fuels and electricity.