The INE confirms it: the CPI rises to 4.9% in September and the tax reduction on fuel will be 20 cents

The Spanish National Statistics Institute (INE) has confirmed that the Consumer Price Index (IPC) rose to 4.9% in September, marking an increase of six tenths of a percentage point. This represents the highest inflation rate recorded since February 2023, when the index reached 6%. The rise is attributed primarily to a significant increase in the cost of fuels and combustibles, which rose by 27.7% during the period.

In response to these inflationary pressures, the government has confirmed a fiscal reduction on fuel prices set at 20 cents. The data confirms the ongoing impact of energy costs on the national economy and the specific policy measures being implemented to mitigate the financial burden on consumers.