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Inflation rises to 5.8% in January after end of fuel subsidies
The spike in the annual inflation rate in January breaks five months of moderation in the evolution of price increases after the peak of 10.8% reached in July.
Spain's inflation slows, ends 2022 at 5.7%
Spanish inflation has fallen 5 percentage points in five months.
Spain's 12-month inflation slows to 7.3% in October
Many British households are turning away from healthier foods as rampant inflation pushes them towards cheaper processed meals.
Spanish Finance Minister Calvino says drop in inflation is accelerating
Inflation has begun to ease and is now expected to drop to around 3% next year.
Palma, the most expensive place to go food shopping in Spain
"Alcompo named as one of the cheapest places to shop..."
Shop staff in Spain demanding massive 18 percent pay rise
Retailers, also under pressure from the Spanish government to keep prices down, have said they already are making "an extraordinary effort" to avoid passing on rising costs, such as energy, to consumers as much as possible.
Spanish rate of inflation at 10.5 percent in August
Core inflation, which strips out volatile food and energy prices, rose to 6.4% year-on-year, the highest pace since January 1993 and up from 6.1% a month earlier, the INE data showed.
Spanish services sector growth slows to a crawl in August
Many Balearic businesses in the tourist sector may close this winter.
UK joins Spain as inflation hits double digits
Spain is battling a major surge in inflation.
Spain inflation highest since 1984; new record for eurozone area
Inflation expected to slow in the second half of this year.
Inflation changing consumer habits in the Balearics
Inflation in Spain is running at its fastest pace in three decades.
Spain to impose temporary taxes on banks, power companies, PM says
Green light to a major real state development plan
Spanish Prime Minister Pedro Sánchez today.
Spanish Prime Minister Pedro Sánchez today.
Balearic tourism boom could be starting to fizzle out
Spain's service activity slows again in June.
Spanish government announces new anti-crisis measures
Cut in electricity bill VAT, help for the self-employed, increase in pensions ... .
The high cost of living in Spain as inflation rockets
The economic consequences of Russia's invasion of Ukraine have sent inflation rates soaring worldwide since Feb. 24, though the Spanish government expects a slowdown in the coming months.
Hotel and other lodging prices in Spain have risen by 30% in a year
Inflation in March reached 9.8%.
Power costs drive Spanish industrial prices to record high
Companies tend to pass on industrial price rises to customers, fuelling inflation.
- Britons cash in on the outgoing Golden Visa in Spain to beat the 90 day rule
- After a holiday in Mallorca Richard Gere moves to Spain
- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”
- The 90 day rule does have some positive results in Spain!
- German low-season tourism in Mallorca set for a new record
Comment
Spain sets example
Sánchez said the government would also cut VAT on cooking oil and pasta from 10% to 5%.
Humphrey Carter02/01/2023 19:33