Workers with collective agreements start to lose more than one point of purchasing power
Las cláusulas de garantía salarial frente a la inflación solo protegen a cuatro de cada diez trabajadores cubiertos por un acuerdo
Prices have risen by over 3% since last spring, with a significant increase in July and August. According to data from the Ministry of Trabajo, in August the CPI rose to 4.3%, while agreed wages increased by 3.04%. Almost nine million workers with collective agreements already closed for this year have seen their purchasing power decline further. The average price increase from January to August is 3.1%, compared to a 3% rise in wages.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
