The Consumer Price Index (CPI) in the Canary Islands recorded a monthly increase of 1% in October, resulting in an annual inflation rate of 4.5%, as reported by the National Statistics Institute (INE) on Friday.
Transport was the most significant contributor to inflation in the islands, with an annual increase of 11%. Following closely were restaurants and accommodation, which saw prices rise by 4.6% compared to October 2025. Housing costs increased by 4.4%, while information and communication services experienced a 4.3% rise.
In contrast, the lowest annual price increases were observed in clothing and footwear, which rose by just 0.7%.
So far this year, prices in the Canary Islands have increased by 3.7%, bringing the CPI to 105.2.
National inflation trends
On a national level, the overall annual CPI for Spain in October was 4.9%, unchanged from the previous month. The categories that had the most negative impact on the annual rate included food and non-alcoholic beverages, which recorded an annual rate of 2.4%, three-tenths lower than the previous month due to rising prices for fruits and nuts.
Clothing and footwear also saw a decrease in their annual variation, dropping three-tenths to 1.8%, as prices increased less than in October of the previous year at the start of the autumn-winter season. Additionally, transport had an annual rate of 10.3%, two-tenths lower than the previous month, attributed to a decrease in fuel and lubricant prices for personal vehicles.
Monthly, the national CPI recorded a general rate of 0.6% across the country.
