HomeWorld

Rising inflation is reigniting fears of a new price crisis and increasing the pressure on family budgets.

World 1 source 1 country 🔦 Under-reported 31m ago

Spain's Consumer Price Index (IPC) rose to 4.3% in August, marking the highest level recorded since February 2023. This increase is primarily attributed to rising fuel costs following the government's decision to withdraw anti-crisis support measures.

The surge in inflation has renewed concerns regarding a potential new price crisis. The current economic climate is placing significant financial pressure on household budgets as the cost of living continues to climb.

In-depth summary · AI, neutral
Read the full story at the source El Mundo (Madrid, Spain) · ES
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →