The leading indicator of the CPI places its annual variation at 6.1%

The estimated annual inflation of the CPI in February 2023 is 6.1%, according to the leading indicator prepared by the INE. This indicator provides a preview of the CPI which, if confirmed, would mean a increase of two tenths in its annual rate, since in the month of January this variation was of 5.9% This evolution is due to the fact that electricity prices rise this month, compared to the decrease registered in February 2022, since food and non-alcoholic beverages increase more than in February last year. Conversely, the drop in the prices of fuels and lubricants stands out, the which increased in February 2022

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