Spanish inflation reached the highest level in the last 37 years
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According to the report of the International Economic Group of Fars News Agency, quoted by Reuters, the statistics provided by the National Statistics Office of Spain show that in June, the country’s inflation reached double digits for the first time in the past decades and reached the highest level since 1985.
The current figure is even higher than the predicted figure in the Reuters poll. The increase in the price of food and energy carriers has been one of the main reasons for the increase in inflation in Spain.
Nadia Calvino, Minister of Economy of Spain, said last week in the parliament of this country: The news of the past weeks has not been positive. The decline in Russian oil and gas exports is intensifying the rising price of energy carriers.
Another reason for the increase in inflation in Spain is the increase in prices in hotels, restaurants and cafes, which has grown significantly compared to last year.
In general, the rising cost of living in Spain has put pressure on the country’s government, so that last week, the Prime Minister of Spain, Petro Sanchez, approved his second support package worth 9.45 billion dollars with the aim of controlling inflation.
The Prime Minister of Spain said about this; The rise in commodity prices shows how dire the situation is.
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