{
  "id": 20115220,
  "title": "The core cost of living",
  "url": "https://urgent.news/2026/11/15/el-nucleo-central-del-coste-de-la-vida",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-15T04:45:00.000Z",
  "source": {
    "name": "El Pais Economia",
    "slug": "el-pais-economia",
    "url": "https://elpais.com/economia/negocios/2026-11-15/el-nucleo-central-del-coste-de-la-vida.html"
  },
  "original_language": "es",
  "account": "Spain's inflation remains high, with the IPC at nearly 5%, and the yearly average at 4.3%, outpacing wage growth, which has seen collective agreements increase by 3.1% over the same period. Food prices rose 2.5% in October compared to the previous year, with processed foods, including olive oil, contributing to a moderate rate of increase. Fresh food prices have rebounded, but at lower rates than last year. The trend for processed foods has been declining since spring.",
  "summary": "The housing crisis, lack of competition and the expansive cycle of the economy itself are putting pressure on prices",
  "key_points": [
    "Spain's inflation nears 5%, above real wage growth",
    "Food prices up 2.5% YoY, driven by olive oil drop",
    "Fresh food costs rise but remain below pre-pandemic levels"
  ],
  "editors_take": "The widening gap between rising inflation and stagnant real wages places an increasing burden on Spanish households as the cost of essential goods outpaces the growth of average family incomes.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}