Energy continues to push prices and inflation accelerates in April

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Energy continues to push prices and, as a consequence, inflation accelerates in April. Specifically, prices rose 2.2% in April compared to the same month in 2020. An increase almost one point higher than in March (1.3%), also driven by energy . In this way, inflation soars to levels not seen since October 2018 due to the rise in energy prices. Rising energy prices The leading indicator of the consumer price index (CPI) published this Thursday by the National Institute of Statistics (INE) is greatly influenced by the rise in electricity prices and the maintenance of fuel and fuel prices. This contrasts with April 2020, when they fell in full confinement due to the pandemic.

Price rebound after a negative CPI in 2020 If this data is confirmed on May 14, the rise in energy prices would intensify in April the strong rise in prices already recorded in March (1.3%). This change in trend draws attention after a negative CPI in 2020, Phone Number Data which was followed by a small increase in January 2021 (0.5%, due to the Filomena storm) and stability in February (0% rate).




Core inflation - which does not take into account unprocessed food or energy products as they are the most volatile - decreased three tenths to zero. More than two points below the general CPI. In monthly terms, prices rose 1.2% in April compared to March, a month in which they had already increased 1%. The harmonized consumer price index (HICP) - which measures the evolution of prices with the same method in all the countries of the euro zone - stood at 1.9%, seven tenths above that of March .