Spain to Phase Out Electricity and Gas Tax Relief From 1 June as Inflation Eases
23 Articles
23 Articles
The opposition demands that tax reductions be maintained at least until 30 June.
The tax, now at 10%, will be back at 21%, while until 30 June the reduction applied to the fuels and the aids to agricultural diesel Andalusia shoots 74.5% the capital increases between January and April d
The definitive inflation figure in April, confirmed this Thursday by the National Institute of Statistics (INE), partially permits the deactivation clause that the government included in the response plan to address the economic impact of the war in the Middle East. The mechanism conditioned the continuity of energy tax reductions to the evolution of prices in April, so that if the inflation of each component did not exceed certain thresholds, t…
The Consumer Price Index (CPI) cut its annual rate by two tenths in April, up to 3.2%, thanks to the lower cost of electricity and despite the rise in electricity prices.
The National Institute of Statistics (INE) confirmed this Thursday that inflation moderated to 3.2% in April, two tenths less than the data recorded in March. The entry into force of the tax reduction on fuels and the electricity and gas bill has managed to cushion the impact of the war on prices, at least for the time being. The data from the Consumer Price Index (CPI) that has been known this morning confirms that the drop in taxes on light, g…
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