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Tag: inflation
Spain’s inflation rate reaches lowest number in almost two years
INFLATION in Spain is at its lowest rate since July 2021 with core inflation- excluding food and fuel prices- down for the third consecutive...
Families in need have to wait three months to get access to a food bank in Alicante
FAMILIES in need face a three-month wait before being granted access to a food bank in Alicante.
Local NGO Colonia Requena has sent a letter...
Trade unions in Spain sign deal with key employer groups for guaranteed wage rise of 10% over three years
A WAGE DEAL amounting to at least 10% rises in pay packets for many workers in Spain has been agreed between major employers associations...
Spanish supermarkets are NOT profiteering at the expense of households in Spain, according to new government report
THE debate on whether supermarkets in Spain are profiteering took a new turn after a government report blamed the problem on factors beyond Spanish...
Endesa announces huge first quarter profits even after paying ‘unjustified’ windfall tax
SPANISH energy company Endesa has announced a remarkable 76% surge in net profit for the first quarter of the year, defying the effects of...
Wages to increase by 4% in Spain this year
The Spanish Confederation of Business Organisations (CEOE) and working unions have agreed to increase workers’ wages by 4% this year.
Both sides have reached the...
Inflation is what people worry about most in Spain- says survey
THE regular monthly 40dB barometer public opinion survey conducted for the El Pais newspaper and SER radio puts inflation as the biggest concern for...
Foods with reduced VAT become more expensive in March
Foods that had their VAT slashed in January have had a price hike in March.
At the start of the year the Government decided to...
Almost half of the beneficiaries of Malaga-based foodbank work full-time
A LOCAL food bank has reported that 47% of its users are full-time employees whose wage does not cover their basic needs.
Malaga-based NGO Asaec...
Mercadona to lower the price of 500 products until the end of the year
Mercadona has decided to slash the prices of 500 daily products from this April until the end of the year.
The Spanish supermarket giant intends...
Feeding the masses: Spain’s food price crisis
FIRST the good news: In Spain, at least, we can still find the food we want to buy. Over in the UK, a shortage...
ECB boss brings little cheer for people in Spain on variable-rate mortgages
THE president of the European Central Bank(ECB) has offered little respite for over four-million households in Spain that are struggling to pay their variable-rate...
Inflation rate in Spain is on the up again as electricity bills and food and drink get more expensive
Inflation is still stalking the Spanish economy as the latest data puts price increases from February last year at an annualised rate of 6.1%.
This...
Major international ceramics showcase returns to Spain’s Valencia after two-year absence
SPAIN'S biggest ceramics producing region- the Valencian Community- is highlighting the sector in the return of the annual Cevisama fair.
The event in Valencia was...
Spain’s Mallorca plays host again to one of the country’s biggest fairs
ONE of Spain's biggest fairs- the Ram fair- returns to Mallorca this Friday and runs until April 16.
Son Fusteret in Palma will once again...
Spain raises minimum wage, in move that could benefit 2.5 million people
SPANISH Prime Minister Pedro Sánchez announced on Tuesday that his government would once again raise the national minimum wage, the fifth time his Socialist...
What caused inflation in Spain to rise above market forecast this month
Inflation rose to 5.8% across Spain in January, much above the market forecast.
The preliminary figure was up from 5.7% in December 2022, a 13-month...
Spain’s economy grew faster than expected in 2022 to beat recession fears
SPAIN'S gross domestic product grew by 5.5% in 2022 despite the global economic crisis which has caused rocketing prices.
Figures released on Friday by the...
Number of bankers in Spain earning over a million euros grew from 128 to 221 in 2021
THE NUMBER of bankers in Spain who earn more than €1 million a year grew considerably in 2021, to a total of 221. This...
Spain’s inflation rate was 5.7% in December
SPAIN'S inflation rate for December was 5.7%- a tenth lower than in provisional figures announced a fortnight ago by the National Institute of Statistics.
The...
Gap between wage rises and inflation hit nearly 6% in Spain in 2022
SALARIES suffered badly in Spain last year with wage increases well below the high rate of inflation.
Figures released by the Ministry of Labour on...
EXPLAINER: A guide to Spain’s big January fashion sales
JANUARY is always the time when clothes shoppers in Spain can pick up a bargain in the big sales.
Once Friday's Three Kings holiday is...
New car sales in Spain plunge to nine-year low
NEW car sales in Spain have plunged to a nine-year low due to rising costs and logistical issues.
Just 813,396 new vehicles were sold in...
Who is eligible for the government’s new €200 cash giveaway in Spain and how to claim it
A NEW anti-crisis plan has been approved that includes a one-time payment of €200 for cash-strapped families.
The Social Shield initiative is aimed at families...
Animal shelters in Spain’s Malaga alarmed by increase in number of abandoned animals due to soaring inflation
RISING inflation means people are having to give up pets they can't afford, animal shelters say.
According to local animal shelters, everything related to products...
Pedro Sanchez suspends taxes on essential food products in Spain’s latest anti-inflation package
PRIME Minister Pedro Sanchez has announced details of Spain's latest 'anti-crisis' package to fight inflation in 2023.
The measures were agreed at Tuesday's meeting of...
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Top campaigner Tony Juniper heads line-up of speakers at Gibraltar green building summit
WORLD-renowned campaigner Tony Juniper will be the keynote speaker at a June conference on building sustainably in Gibraltar.
The former WWF UK executive director and...
