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living cost prices shopping

Shopping prices - cost of living

The constant rise in the shopping basket hits Majorero families hard.

Fresh fruit, eggs or potatoes: these are the products that are becoming more and more expensive on the island

The numbers are clear, the situation of the shopping basket is becoming a nightmare for the people of the Canary Islands and especially for the inhabitants of Fuerteventura where prices go through the double filter of insularity and double insularity.

The inflationary blow, together with the high cost of housing, is turning day-to-day life into an ordeal for many working families on the island who do not see salary increases in sight with Fuerteventura having the lowest GDP per capita in the Canary Islands, a community that is also at the bottom of the state in this regard.

Highest climbs in the Canary Islands

Of the 23 food and beverage groups that the INE distinguishes in its CPI statistics, the Canary Islands recorded the highest increases in eight in 2023, more than a third, while the lowest indices were more distributed, with Aragon (5) and Murcia (4) leading the way.

The five headings – the "rubrics" that the INE calls – that rose the most in the country as a whole were oils and fats (36.3%), fresh legumes and vegetables (13.2%), pork (12.3%), fresh fruit (11.8%) and sheep meat (9.7%).

Oils and fats soared in Madrid and rose less in Cantabria; legumes became more expensive in the Canary Islands and less in Cantabria; pigmeat increased in price more in Aragon and less in Galicia; fresh fruits more in the Atlantic archipelago and less in the Mediterranean; and sheep meat more in Extremadura and yet it fell in Asturias.

The ones that rise the most

The cost of oils and fats, which was most affected by the rise in food prices, reached 39.7% in Madrid, 39.1% in La Rioja, 38.9% in Extremadura, 38.4% in Catalonia and 37.2% in Andalusia; while it was "only" 25.1% in Cantabria, 30.4% in the Basque Country and 33.1% in the Canary Islands.

The price of fresh vegetables also rose throughout Spain, more in the Canary Islands, by 25.3%, in Murcia (17.2%), the Balearic Islands (16.6%) and Andalusia (15.2%) and less - a third than in the Atlantic archipelago - in Cantabria (7.9%), the Basque Country (8.0%) and Aragon (8.4%).

Meat prices rose more in Asturias (11.8%) for beef; in Extremadura (13.6%) and the Valencian Community (13.5%) sheep; in Aragon (17.5%), Murcia (16.9%) and Navarre (16.0%) pigs; and in Castilla-La Mancha (3.5%), Asturias and Catalonia (both 3.2%) that of AV.

On the other hand, in Murcia beef fell (-0.8%); in Asturias (-1.8%) and the Balearic Islands (-1.3%) sheep; and in Galicia (-2.6%) that of AV.

Fresh fruit rose in all regions, up to 16.4% in the Canary Islands, 15.2% in the Valencian Community and between 14% and 14.7% in Cantabria, La Rioja and the Basque Country, by 6.5% in the Balearic Islands and 7.4% in Aragon.


Milk, the only product that became cheaper last year in most of the regions, an average of 1.3% with Murcia (-2.15%), the Basque Country (-2.2%) and Madrid and Andalusia (-2.1%) leading the way, rose more in the Canary Islands (3.0%), but also in Navarre (1.3%) and Galicia (0.8%).

In the Canary Islands, the increase reached 7.2% for dairy products, ahead of the other archipelago, the Balearic Islands (5.9%), while prices fell in this heading in the Basque Country (-1.7%), Murcia (-1.1%) and Galicia (-0.6%).

The price of eggs increased more than twice the average (4.4%) in the Canary Islands (10.7%) and was not far from doubling that percentage in Cantabria (8.0%) and Madrid (7.6%), notably above the Basque Country (0.5%) and Extremadura (1.10%).

Cereals and derivatives rose the most in the Canary Islands, by 7.1%, more than twice as much as in Aragon (3.2%) or Asturias and Extremadura (3.5%); and bread in Murcia (4.1%), while it fell in Extremadura (-0.2%), remained stable in Navarre (0.0%) and barely rose in Aragon (0.3%), the Basque Country (0.5%) and Asturias (0.6%).

Fish, fresh or frozen, became more expensive in four communities in the north of the peninsula, two of them coastal: 6.4% in the Basque Country, 5.7% in Navarre; 5.4% in La Rioja; and 5.1% in Cantabria; and yet it grew less in another coastal region, Murcia (1.1%) and in two inland regions: Madrid and Castilla y León (in both by 3.3%, the same as in Andalusia).

Madrid, however, was where crustaceans, molluscs and fish preparations rose the most (6.6%), slightly above Cantabria (6.3%), compared to Navarre (3.1%) and the Canary Islands (3.2%).

The cost of potatoes and their preparations increased last year by 18.2% in the Canary Islands, three times the average (6.8%), and by more than 10% in La Rioja and Navarra, while it only rose by 2.7% in the Valencian Community and less than 5% in Asturias, the Balearic Islands and the Basque Country and even fell by 2.7% in Murcia.

Other items that rose relatively less are coffee, cocoa and herbal teas (6.0%) and sugar (6.2%), with maximums in both cases in the Balearic Islands, of 7.2% and 11.9%, respectively, and minimums in Aragon, of 3.9% and 2.3% in each of these communities.

In terms of beverages, mineral water, soft drinks and juices became more expensive by up to 13% in La Rioja and between 11% and 12% in Galicia, the Balearic Islands and Madrid, compared to smaller increases in Cantabria (5.0%), Aragon (5.5%), Asturias (6.6%) and Catalonia (6.8%).

Alcoholic beverages were the ones that marked the least differences, although despite everything the increase in Murcia, of 6.6%, doubled that of Galicia, of 3.3%.

Of the 23 food and beverages headings distinguished by the INE, other meats, canned fruit and nuts, vegetable preparations and other food preparations have not been included in this information.
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