Consumer prices in Spain have dropped for the last two months. The National Statistics Institute (INE) reports that prices dropped 0.8% last month in comparison to February 2015. On a month-upon-month basis, prices also fell 0.4%, which is the largest reduction for this time of year since 1970. Not all food and beverages have followed the same trends when it comes to falling prices.
Those that are not manufactured, as in natural produce, have dropped the most in price in the last year. For example, legumes and fresh fruit and vegetables are 9.8% cheaper than in February 2015.
However, potatoes and potato products cost 14.8% more than before.
The main reason for the fall in the Consumer Price Index has been attributed to cheaper fuel and food prices.
