Editorial: El Mundo

• Inflation in Spain closes the year with an average of 2.7%, for the fifth consecutive year exceeding the 2% threshold recommended by the European Central Bank.
• Since 2020, the CPI has accumulated an increase of 22.1%, as opposed to the 16.7% increase in wages.
• The rise in prices harms the purchasing power of families and businesses, impacting their ability to save.
• The increase in the cost of living exacerbates the intergenerational gap after the revaluation of pensions according to the CPI.
• Not only fiscal relief measures are demanded, but also structural changes to strengthen conditions and thus mitigate inflation.

Conclusion: A transformation of the economic model is needed to increase productivity and mitigate inflation, taking advantage of European funds. This measure would not only materialize the supposed government economic euphoria, but also help alleviate one of the main factors that exacerbate inequality.

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