The gap between wages and prices is widening due to the peak in inflation and the paralysis in collective bargaining agreements
El repunte del IPC rebasa el ajuste medio de los sueldos, mientras seis de cada 10 acuerdos sectoriales o de empresa no tienen cláusula de revisión automática
Inflation in Spain has risen to almost 5% in September, driven by a 20% increase in energy product prices. This has widened the gap between inflation and workers' purchasing power. Collective agreements signed so far this year provide for a 3.76% average increase, but the weighted rise of all current agreements is stuck at 3%. As a result, workers are facing a two percentage point loss in purchasing power compared to the salary increases agreed for 2026.
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.
