Mallorca: Transport prices jump 8.6% across Balearics

Mallorca, Balearic Islands: Transport prices across the islands are 8.6% higher in October 2026 than a year earlier. Overall consumer prices are up 4.9%, though the annual inflation rate has eased by 0.2 percentage points since September. Spain’s National Statistics Institute published the final figures on Friday, 13 November.

The slower inflation rate does not mean prices are falling. Every category costs more than it did a year ago. Housing, water and energy are up 6.2%, while restaurants and accommodation cost 5.7% more. Clothing and footwear have seen the smallest rise, at 2.1%.

Transport’s annual price rise is 0.9 percentage points higher than it was in September. Across all categories, prices rose 0.3% from September to October and are up 4.8% since the start of the year. The annual rate is the lowest recorded in the Balearics since August 2026 and matches the rate for Spain as a whole.

Topics: Economy

Source: Europa Press / Mallorca.com