Why Your Fuel and Electricity Bills Are Driving Spain’s Worst Inflation Since 2024
8 Articles
8 Articles
The CPI is driven up to 3.6% by energy and the smallest tax cut. “Every time work is worth less,” says the USO union.
The rise in gasoline and electricity turned families’ budget upside down last month. These two components raised last month’s inflation by four tenths to 3.6 per cent, its highest level in two years and one tenth above the level that the National Institute of Statistics (INE) had advanced just a few weeks ago. The ICP already accumulated five consecutive months upwards with housing (electricity, gas...) and transportation (fuels) at the focus, i…
Inflation in Spain accelerated again in July, reaching 3.6% year-on-year, its highest rate in more than a year, according to Infobae confirmed with the official data of the INE. This increase is driven by the pressure exerted by energy and brings with it immediate consequences: diesel exceeds the limit of 15% that activates the safeguard clause of the anti-crisis decree. This impact is strongly felt in the homes and in the transport. Housing was…
The annual index reached 3.6% in July, driven mainly by fuels and electricity, while the Spanish Stock Exchange reached record levels. Read more
The electricity subsidy limit, which was reduced to 5,000 kilowatt-hours in 2025 and 4,000 kilowatt-hours in 2026, is now being considered for further reduction to 3,000 kilowatt-hours in 2027. If this happens, millions of users will face high bills.
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
