Andorra's annual inflation rose to 3.1% in February from 2.6% in January, driven by transport and

Andorra's annual inflation rate climbed to 3.1% in February, up from 2.6% in January, after consumer prices rose 0.5% over the month, according to the Department of Statistics.

The rise exceeded Spain's 2.3% annual rate—unchanged from January—and France's 0.9%, following a 0.3% increase there the prior month. Andorra's monthly gain topped Spain's 0.4% but trailed France's 0.6%. Over the first two months of the year, prices in Andorra increased 0.1%, against flat prices in Spain and a 0.3% rise in France.

Transport costs fueled the monthly uptick, surging 1.11% and adding 0.16 points to the index, mainly from higher fuel and lubricant prices. Miscellaneous goods and services climbed 1.5%, contributing 0.15 points on elevated other service costs. Clothing and footwear provided an offset, falling 0.75% due to cheaper apparel and subtracting 0.03 points.

On an annual basis, food and non-alcoholic beverages led with a 2.5% rise, up eight tenths from January, driven by sharper increases in fish, milk, cheese, eggs, and meat compared to the previous year. Miscellaneous goods and services leaped 1.3 points to 6.1%, linked to stronger service price growth. Petroleum products posted a narrower annual drop, from -9.2% to -7.4%.

Underlying inflation, excluding energy and fresh produce, rose three tenths to 3.7%, six tenths above the headline figure. The data align with an early March advance estimate and highlight Andorra's living costs accelerating faster than in neighboring countries over the past year.