Urgent.News

What's breaking now, across thousands of outlets.

Business

La brecha entre salarios y precios se ensancha por el pico de la inflación y la parálisis en los convenios

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

Original Spanish Read in English

La brecha entre salarios y precios se ensancha por el pico de la inflación y la parálisis en los convenios

The widening gap between wages and prices is being driven by soaring inflation, which hit nearly 5% in September, according to wire material. The price increase, fueled by a surge of over 20% in energy costs, is creating an increasingly pronounced disparity with workers' purchasing power. As the general price index reaches its highest level since February 2023, salaried employees face this challenge with significant uncertainty.

Collective bargaining agreements signed so far this year offer a median increase of 3.76%, but the weighted rise across all existing contracts, including those from previous years impacting 2026, remains stagnant at 3%. Consecutive months of declining buying power are now adding up to a two-percentage point gap in September compared to the wage increase of workers whose conditions are set for 2026. However, the overall annual effect is tempered.

Written by urgent.news from El Pais Economia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at elpais.com →

More in Business

More from Wednesday 21 October →