Spanish Government Accused of Failing to Address Soaring Inflation
Alberto Nadal, Deputy Secretary of Economy and Sustainable Development for the Popular Party, is calling on the government to take action against rising inflation. According to him, households are suffering a loss of purchasing power due to escalating prices.
The Consumer Price Index (CPI) in Spain has increased its year-on-year rate by seven tenths in August, reaching 4.3%, its highest record since February 2023. This is driven by the rise in fuel prices, and Nadal warns that the inflation gap compared to the eurozone continues to widen.
Nadal emphasized that the problem is not limited to the spike of the last year but from June 2018 to July 2026, food and non-alcoholic beverages have registered a cumulative increase of 41%. This means that a shopping basket equivalent to 100 euros now costs 141. The return to school occurs against this already consolidated price increase, adding pressure to family budgets.
Nadal criticized the government for not relieving the burden on families, saying 'The Government must relieve that burden, not aggravate it with more fiscal pressure.'