The disparity in price trends is attributed, according to data from the National Statistics Institute, to differing fiscal strategies. While the central government implemented a VAT reduction, the regional executive opted for a cut in the IGIC, which has had a negligible impact on the final price per liter for island consumers.
Business sector representatives have described the regional measures as ineffective in curbing rising costs. There is growing concern regarding a secondary effect, with warnings that increased transport costs will inevitably impact the shopping basket and operational expenses for businesses across the islands.
The situation is exacerbated by the archipelago's status as an outermost region. Dependence on external markets and territorial fragmentation mean that any fluctuation in logistics costs has a direct and more severe impact on the local economy compared to the mainland.




