El núcleo central del coste de la vida
La crisis de vivienda, la falta de competencia y el propio ciclo expansivo de la economía presionan los precios
Inflation remains relentless as Spain's economy continues to diverge from its peak performance, straining household purchasing power. The IPC hovers dangerously close to the 5% mark, with an annual average of 4.3%, significantly above the 3.1% increase in workers' real wages. This disparity highlights the widening gap between economic growth and the average family's ability to afford necessities.
In October, food prices in Spain rose by 2.5% compared to the previous year, a relatively moderate increase considering the steep rise in energy prices, a major component of food costs. This trend is largely attributed to the favorable performance of processed foods, particularly the drop in olive oil prices, which has helped maintain a downward trajectory since spring. However, fresh food prices have seen a notable uptick, though still below the levels observed a year ago.
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.