Spain closes the year with a record inflation of 6.7% and the Government receives harsh criticism

Spain closes the year with a record inflation of 6.7% and the Government receives harsh criticism

The agency noted that the increase is partly explained by a rise in the price of electricity and food.

While the estimated annual variation rate of core inflation, which does not include unprocessed food and energy products, was 2.1%, five points below the general CPI.

The December percentage represents a blow for the programs that the president has planned for next year and, according to local media, one of the consequences could be the cancellation of the revaluation of pensions or an increase in the minimum wage.

“Inflation at 6.7% is unbearable for the middle and working classes. They must take action,” wrote Pablo Casado, leader of the conservative Popular Party, on social media.

While the spokesman for the Socialists in Congress, Héctor Gómez, considered that the phenomenon is “temporary”, but admitted that “it is going to last in time, longer than we would all like,” in statements to public television. TVE.

Source From: Ambito

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