ECONOMY

Inflation drops to 3.2% in Balearic Islands in November, its lowest level since June

Inflation in the Balearic Islands moderated and fell to 3.2% in November, four tenths below the previous month.
IPC

The Consumer Price Index (CPI) moderated its growth in the Balearic Islands during the month of November and stood at 3.2% year-on-year, four tenths less than in October, according to final data published Friday by the National Statistics Institute (INE). This is the lowest level recorded in the archipelago since last June 2025.

In monthly terms, prices fell by 0.1% with respect to October, while accumulated inflation so far this year reached 2.7%, reflecting a progressive slowdown in the increase in the cost of living in the autonomous community.

By groups, the largest price increases with respect to November of last year were recorded in restaurants and hotels, with a rise of 6.1%, although this increase is half a point less than that observed the previous month. This was followed by housing, water, electricity, gas and other fuels, which rose by 4.8%, with a notable drop of 1.8 points in their year-on-year rate. Also noteworthy were the increases in alcoholic beverages and tobacco, up 4.2%, and in other goods and services, with an increase of 3.3%.

At the opposite extreme, the sectors where prices showed a more moderate evolution were leisure and culture, with a year-on-year increase of 1.4%; furniture, household goods and home maintenance, with 1.5%; clothing and footwear, which rose by 1.7%; and communications, with an increase of 1.8%.

In Spain as a whole, the CPI increased by 0.2% in November compared to the previous month and reduced its year-on-year rate by one tenth of a percentage point, which stood at 3%. At the end of the month, the Communities with the highest inflation rates were Madrid (3.7%), the Valencian Community (3.4%) and the Balearic Islands (3.2%). On the contrary, the lowest levels were recorded in the Canary Islands (2.3%), La Rioja (2.4%) and Murcia (2.5%).

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Regarding the monthly evolution of prices by region, Extremadura was the region where prices grew the most, with an increase of 0.5%, followed by Murcia and Navarra, both with 0.3%. In contrast, Andalusia, Cantabria and the Canary Islands recorded the largest declines, with decreases of 0.3%, 0.2% and 0.2%, respectively.

Automatic Translation Notice: This text has been automatically translated from Spanish. It may contain inaccuracies or misinterpretations. We appreciate your understanding and invite you to consult the original version for greater accuracy.

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