Markets
9.6
US CPI at 3.7% as Energy Costs Drive Inflation, Wages Lag
Published 1 h ago6 sourcesEvidence: Reported
SeverityHighOilPrice.comUS
The Spanish government, via minister Óscar López, has committed to unions to bring forward the 2027 salary revaluation of 4.5% and add an extra 0.5% to the 2026 increase to compensate for inflation deviation. This fiscal expansion signals a looser budgetary stance ahead of elections, potentially adding to public spending and inflationary pressures.
Published 1 h ago6 sourcesEvidence: Reported
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