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Basque Country and Balearic Islands Top Spain’s June Inflation as Food and Fuel Costs Surge

Double-digit price hikes for eggs, coffee and beef have driven basket costs up in regions now diverging sharply from Spain’s easing national inflation

Overview

  • The Consumer Price Index in the Basque Country rose 2.8% year-on-year in June, outpacing the 2.3% national average by half a point
  • Grocery basket costs in the Basque Country climbed 3.8% in June driven by double-digit price increases for eggs, coffee and beef
  • High fuel prices and rising restaurant and hotel charges added further upward pressure on regional consumer prices
  • The Balearic Islands matched the Basque Country with the highest regional inflation rate, underscoring widening gaps with Spain’s eased national rate
  • Extremadura’s grocery basket has gained more than 3% so far this year, lifting its inflation rate to 2.5% and reflecting broader regional divergence