In June 2022
Consumer Prices Index 12-month average rate in the Autonomous Region of Madeira was 4.0%
In June 2022, the Consumer Prices Index (CPI) 12-month average rate in the Autonomous Region of Madeira was 4.0%, increasing by 0.7 percentage points (pp) when compared to the previous month. It should be noted that this indicator has been on an upward trajectory since February 2021 and has been in positive territory since September, reaching in this month the highest value since August 2013.
Goods recorded a rate of 4.7% and services of 3.0%.
The highest positive changes occurred in "Transports" (+10.2%) and “Restaurants and Hotels” (+5.5%). Conversely, “Education“ registered the largest negative change (-1.0%) followed by "Alcoholic beverages and tobacco” (-0.4%).
In Portugal, the value of that rate was 4.1%, 0.7 pp higher than in the previous month (3.4%).
When comparing June with the same month of 2021, the price change was +8.8% (+8.7% in the country), the highest value since September 1992. Between May and June 2022, the CPI grew by +1.0% (+0.8% in the country), decelerating compared to the previous month (+1.4%).
In June 2022, the average value of housing rents per square meter of floor area in the Region had a change of +0.1% compared to the previous month and increased by 2.5% over the same month of the previous year.
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