October's inflation data put the average CPI figure used in the calculation at 3.47%, while the projected pension rise is around 4.5%. The final rate depends on November's CPI, due later this month.
Protests over living costs spread across Europe this weekend. In France, unrest damaged public buildings as food prices across the EU climbed 34% from August 2021 to August 2026.
Annual inflation reached 4.9% in September, while the OCU counted 29 spending categories with rises above 5%. Fresh berries led food price increases, up 47.4%.
A September jump in fuel prices has kept the 20-cent-per-litre discount on petrol and diesel in place for November. The December rate depends on October prices.
Spain’s annual inflation reached 4.9% in September. Eggs rose 12.3%, while supermarkets say energy and logistics bills have added more than €130 million in costs.
The Banco de España lifts its growth forecasts for 2026 and 2027. Domestic demand is holding up, but higher energy costs are pushing inflation further from the European Central Bank’s target.
The Bank of Spain lifted its 2026 growth forecast to 2.6%, yet expects inflation to average 3.9%. Energy costs are squeezing households and public finances as the recovery gathers pace.
Spain’s snap election on November 29 has cast doubt on pension increases for 2027. With no new budget and a caretaker government likely, retirees face legal and political hurdles over how their payments will be updated.
Spain's wholesale electricity price will average 201.99 euros per MWh on Tuesday, its highest daily level since December 2022. Rising gas costs and stronger demand are pushing the market higher.
Eurozone inflation reached 3.8% in September, driven by a sharp rise in energy costs. Europe now faces more expensive gas and oil imports as governments prepare for winter.
The Ibex 35 held above 19,000 points at midday on Friday as investors waited for US employment data. French borrowing costs and faster euro-area inflation, alongside falling oil prices, kept the wider market cautious.
The 12-month euríbor reached 3.247% in September. Variable mortgage borrowers face higher October payments as housing prices remain near record levels.
The euríbor reached 3.24% in September, adding about €85 to a typical monthly mortgage payment. Rising energy prices and inflation are putting further pressure on household budgets.
Spain's mortgage benchmark has risen for a third straight month. The September average reached 3.247%, putting more pressure on variable-rate borrowers at their next review.
Spanish variable mortgages face fresh pressure after the Euribor reached 3.24% in September. Annual reviews could add more than €1,000 to some household costs.
The Ibex is looking for a late-quarter recovery as oil prices and bond yields pull back. Investors now await the Federal Reserve's preferred inflation gauge from the United States.
Spain's inflation reached 4.9% in September. Fuel costs and package holidays drove the sharpest monthly rise since February 2023.
Britain is studying temporary limits on fuel purchases as energy prices rise again. Brussels is asking governments to cut gas and electricity use, while Spain prepares fresh support for drivers and households.
The Euribor is expected to reach 3.22% in September. Average variable mortgage payments could rise by €828 a year as the ECB keeps pressure on borrowing costs.
Spanish pensioners could see their payments rise by more than 3 percent in 2027. With inflation running hot, the final increase will depend on price trends through November. Here’s what the latest numbers mean for retirees.
The 10-year US Treasury yield has climbed above 5%, while European government debt has crossed basic thresholds. Fiscal strain and inflation, alongside geopolitical risks, are pushing investors to demand more from governments.
Spain's Ibex 35 ended higher despite weaker GDP data and a late loss of momentum. Solaria jumped nearly 9% after its sharp fall, while Repsol dropped more than 2% as oil prices declined.
The OECD expects Spain's economy to grow by 2.6% in 2026, but prices could rise faster than household incomes. In Galicia, shellfish sales have fallen sharply as pollution, lower salinity and climate change cut production.
The OECD has lifted its growth forecasts for Spain in 2026 and 2027, citing strong domestic demand. It also expects inflation to run higher than previously forecast.
Spain is on track for stronger growth in 2026, with the OECD raising its forecast. But inflation remains high, putting pressure on Spanish families’ budgets.
Inflation in the Balearic Islands reached 4.4% in August, slightly above Spain's 4.3%. The PP wants lower energy taxes and relief on basic food, plus stronger transport compensation for the islands.
Diesel has risen 68% before tax since the war began. Tax relief has softened the increase for drivers, but transport groups are demanding fresh support before the current measures expire.
The US has spent nearly 40 billion dollars on the war with Iran. Missile reserves are running low, and inflation is rising. Trump’s claims of victory clash with mounting costs and voter frustration.
Inflation in Extremadura has climbed to 4.2 percent over the past year, driven mainly by a sharp rise in petrol and diesel prices. Authorities and unions face growing pressure over wages and living costs.
Mercadona's grip on Spain's supermarket sector is slipping as inflation and fuel prices climb. With government relief measures ending, more shoppers are turning to Dia and Lidl for lower prices.
Spain’s inflation hit 4.3 percent in August, its highest level since February 2023. Fuel prices jumped by more than 21 percent, while government discounts did little to cushion the blow.
Mercadona's market share has stopped growing as inflation and rising fuel prices push shoppers toward discount chains. With government subsidies set to expire, Spanish households face more uncertainty.
Spain’s inflation rate climbed to 4.3% in August, its highest level since February 2023. Fuel prices led the increase, pushing up household expenses for the second month in a row. The government is keeping tax relief measures in place as families feel the strain.
Spain will increase its diesel fuel subsidy to 20 cents per litre from September 1, 2026, in response to a sharp price spike. Gasoline aid will drop to 5 cents as the government adjusts support in line with inflation trends.
The US lost 23,000 jobs in July, defying forecasts and lowering the labor force participation rate. Persistent inflation and a weaker job market now put the Federal Reserve in a difficult position.
