Having fun costing more this Christmas in Mallorca
December inflation rises to 2.8% due to higher fuel prices
Inflation has hit some people where it hurts most. | Majorca Daily Bulletin reporter
Palma30/12/2024 12:02
The year is coming to a rather more expensive end than expected. Inflation has risen four tenths in December, to 2.8 % year-on-year, mainly due to the rise in fuel prices and, to a lesser extent, to the higher rise in leisure and culture costs and prices. According to the consumer price index (CPI) published today, Monday, by the National Statistics Institute (INE), the underlying rate - which does not include fresh food or energy - has increased by two tenths of a percentage point to 2.6 % year-on-year.
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