US EditionInflation in Spain rises to 2.4% in November
26 Articles
26 Articles
Pensions in Spain will rise by 2.8%
The Spanish government have confirmed that pensions will increase by 2.8% in 2025, to keep up with the rising cost of living in Spain. The increase has been officially approved following the release of the November IPC (Consumer Price Index) data. The 2.4% interannual IPC for November cemented the average annual rate, securing this bump for most pensions – with some even better news for the… Source
This is how pensions will remain in 2025: 2.8% will rise after November inflation has been confirmed
The contributory pensions will increase definitively a minimum of 2.8% next year, once the definitive figure of November inflation has been known this Friday, which stood at 2.4%, six tenths more than the previous month, according to the National Institute of Statistics (INE). With the confirmation of the CPI the revaluation of pensions is calculated for 2025, since the formula that the law contains after the reform of 2021 takes as reference th…
The revaluation of 2025 will cost social security more than €5 billion, taking into account current expenditure and not including the greater revaluation of minimum and non-contributory pensions.
The consumer price index (CPI) rebounded in November to 2.4% year-on-year, six tenths more than the previous month, due to the rise in electricity and fuel prices, while food inflation was cut by two tenths, up to 1.7%. The National Institute of Statistics (INE) confirmed Friday the inflation figure advanced two weeks ago and also the underlying inflation rate (without energy and unprocessed food), which stood at 2.4% year-on-year in November, o…
Eldiario.es
meneame.netThe final IPC data of November confirms the annual average, which will be the increase of the package of benefits, with some exceptions such as minimum pensions, non-contributory pensions and the maximum Social Security advances that minimum and non-contributory pensions will rise “clearly above 2.8%” The general increase of pensions will be 2.8% in 2025, according to the average inflation of the previous year. The increase is already official, …
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