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Spanish government erases taxes on essential food to tackle inflation crisis
20-cent discount per liter of fuel only to be subsidized to transport professionals and 2% cap on rent increase to be extended
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20-cent discount per liter of fuel only to be subsidized to transport professionals and 2% cap on rent increase to be extended
Prices in Catalonia up 6.4% compared to last year, with the rate dropping for the fourth consecutive month
Low unemployment and post-pandemic recovery intensify rising food and fuel prices
A look at the cost of living crisis plus money saving advice from OCU Consumer Organization
Consumer Price Index decreases for second month in a row
Rate of change in prices in Spain down projected to fall to 10.4%, a drop of 0.4 percentage points
Rising costs of energy continue to boost Consumer Prices Index (CPI), but figure below peak of 9.8% reached in March
Electricity prices, fuel, food and drinks register significant increases compared to March 2021 according to preliminary data
Rise attributed to widespread increases in cost of food, fuel and electricity
Electricity and food contribute to surge in prices not seen since 1992
Lack of supplies and last year’s price drop key reasons behind soaring costs
Decline due to falls in prices of fuel and housing, including supplies
Decline drops in tandem with falls in price of fuel and supplies to households
The winter season in the clothing and footwear industry, as well as an increase in the price of electricity, led to a 0.3% increase in the price index during November in comparison to the previous month and brought the annual inflation rate in November in Catalonia to 1%. This is the highest annual rate recorded in Catalonia since August 2013, when the figure reached 1.7%. However, the evolution of annual inflation, in minimum rates, is still being restrained by fuel prices, which fell in November, in comparison to the stability that was recorded during the same month last year. According to data released this Tuesday by the Spanish National Institute of Statistics (INE), the annual inflation rate in Catalonia is the highest in Spain, followed by Navarra (0.9%), Asturias (0.8%) and the Canary Islands (0.8%).
Prices went up by 1% in October, in comparison to September, and left the annual inflation rate in Catalonia at 0.9%, according to the definitive data released on Tuesday by the Spanish National Institute of Statistics (INE). The products that influenced the increase in prices most were the clothing and footwear sector, due to the start of the winter season, and the price of electricity and fuel – both rose in October this year, while they decreased in the same month of 2015. The inflation rate at the end of October is the highest registered since August 2013, when it reached 1.7%, and confirms an upward trend that has now lasted for three months.