Inflation is pressuring agreements with wage increases of more than 4%.
The average wage increase agreed in collective bargaining agreements stands at 3.04% up to August, while the CPI rises to 4.3%. A total of 343,271 companies are implementing increases of 4.08% for 2.7 million workers, securing their purchasing power.
The average salary increase agreed in collective bargaining agreements in Spain until August is 3.04%, while the Consumer Price Index (CPI) has risen to 4.3%. A total of 343,271 companies have agreed to salary increases of 4.08% on average, affecting 2.7 million workers. The ongoing conflict between the US and Iran and the rise in fuel prices are driving inflation, which has been above salary increases for six consecutive months. The Bank of Spain forecasts an average CPI of 3.6% for 2026, while Funcas expects 3.2%.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
