Cpi Rises To 6% In February Due In Part To Higher Food Prices

MADRID, SPAIN - MARCH 15: Apples and other fruits in a fruit shop at a market stall on March 15, 2023, in Madrid, Spain. The Consumer Price Index (CPI) rose by 0.9% in February compared to the previous month and raised its year-on-year rate by one tenth, to 6%, due to the increase in electricity, package tours and food, which shot up their prices by 16.6% year-on-year, their highest rise since 1994, according to the final data published today by the National Statistics Institute (INE). February's final inflation is one tenth of a percentage point lower than the one advanced at the end of last month, when the INE pointed to a rate of 6.1%, while the monthly increase has finally been nine tenths of a percentage point, compared to the increase of 1% initially estimated. (Photo By Eduardo Parra/Europa Press via Getty Images)