Spain is following a path of deflation that began in November and has seen price growth in recent months below the eurozone average. According to estimates published by Eurostat’s statistical service, the gap widened even more in June. As a whole, the price increase in the euro countries eased by six tenths and amounted to […]
Tag: Points
Torerodon City Council to remove purple dots against sexual assault at parties
The City Council of Torrelodones (Madrid) has announced the elimination of purple dots from municipal festivals. These points have been established in recent years to attend women who have experienced violence or sexual harassment during popular celebrations. The announcement was made by Sonsoles Palacios, Vox’s advisor in the Social Services, Family and Elderly Zone of […]
The ECB raises interest rates by another 0.25 basis points to 4%.
The European Central Bank (ECB) decided on Thursday to raise official interest rates by another 0.25 basis points to a maximum of 4% by 2008. The governing board of the institute increased the official “price” of money for the eighth time in a row. Since their meeting last July, and is not closing the door […]
The CIS gives the PSOE as the winner of the municipal elections by more than two points compared to the PP.
PSOE will have the most votes in next week’s municipal elections. That’s the main finding of a “flash” survey conducted by the Center for Sociological Research (CSR), which measures state-level voter estimates of the support each party will receive in each council. According to this survey, the Socialists would get 30.2% of the vote nationally, […]
Federal Reserve raises US interest rates by another 0.25 basis points despite bank collapse
The Federal Reserve (Fed) has decided to raise interest rates in the United States by another 0.25 basis points, despite the bank’s meltdown in recent weeks. The Fed has kept the official money rate in the 5% to 5.25% range since 2007. More growth is expected in the data. It is even explained that this […]
According to the Bank of Spain’s calculations, the government’s anti-crisis package reduced inflation by 2.3 points in 2022 and increased GDP by 1.1%.
The Bank of Spain calculates that the support measures against the energy crisis implemented by the government in 2022 (VAT reduction, fuel discounts, gas price limit in electricity production…) had a positive effect on the GDP growth rate. 1.1 percentage points and inflation decreased by 2.3 points. The agency published a special chapter on energy […]
The ECB is preparing to slow its rate hike to 0.25 basis points in May to 3.75%.
The European Central Bank (ECB) is preparing another increase in official interest rates by 0.25 points to 3.75%, which it will announce at its meeting on May 4, according to a Reuters exclusive published on Thursday. There is an intense debate in the institution’s governing board, which precluded more aggressive growth. According to various sources […]
Despite the financial turmoil in the US, the Federal Reserve Bank raises interest rates by another 0.25 points.
“Fireman or policeman”. This Wednesday, the United States Federal Reserve (Fed) continued its strategy of stifling the economy despite the financial turmoil following the collapse of the Silicon Valley bank, raising interest rates once again. The North American central bank announced an increase of 0.25 points, in a range of 4.75% to 5%. Last week, […]
The ECB is holding firm on another interest rate hike of 0.5 basis points to 3.5%, raising the risk of a banking crisis.
The European Central Bank (ECB) has been obsessed with raising interest rates another 0.5 basis points to 3.5%, even though it means increasing the risk of a banking crisis. The institution prioritizes the fight against inflation and fulfills its commitment to remain aggressive in raising the official “price” of money. “That’s why the ECB’s commitment […]
Wages at large companies rose 5.3% in January on annual reviews, three points below the CPI
Wages at large companies rose 5.3% in January due to an “annual review” at the end of last year, three percentage points below average inflation in 2022 of 8.4%. Wages began 2023 with the highest annual growth since April 2022, when the record was set at 5.4% from 2008, the biggest monthly jump in the […]
Feijo maintains a two-point lead with a slight recovery on the left
The controversy in the government over the reform of the “only yes is yes” law has not, at least for now, affected the electoral expectations of the PSOE and Unidas Podemos. The Socialists manage to recover until they return to the figures of the last months, to 28% of the vote; United We Can, on […]
Mercedes is preparing a worldwide network of more than 10,000 high-capacity charging points
German firm Mercedes-Benz has announced its intention to build a global high-capacity charging network in North America, with deployments to begin in Europe, China and other key markets. Its goal is to have a complete infrastructure in place by the end of the decade, when the brand intends to go all-electric, “as long as market […]
According to CIS, PSOE is two points ahead of PP this year
PSOE is still in the lead, but closes the year with bad news, according to the Center for Sociological Research (CIS). The Socialists have lost more than half their lead over the PP in a month, trailing by just two points after making a comeback in recent weeks. The CIS barometer for the month of […]
US Federal Reserve hikes rates by 50 basis points, ends year with seven hikes
The Federal Open Market Committee (FOMC) of the United States Federal Reserve (Fed) has decided to unanimously approve an increase in the country’s interest rates by 50 basis points until they are placed in the target range of 4.25% to 4.5%. this wednesday. This represents the highest price the country has registered since December 2007, […]
Inflation in the Eurozone fell in November for the first time in a year and a half, but remained three points higher than Spain’s rate.
Annual inflation in the euro zone reached 10% in November, according to preliminary data from Eurostat. The data is up more than three points on Spanish, and it’s the first time in a year and a half that it has slowed. In Spain, the registered figure remained at 6.8%, according to preliminary data from the […]
Brussels is proposing a gas price cap of €275/MWh with a highly unlikely application and suspension clauses.
Brussels is proposing to cap gas prices at an all-time high of €275 per MWh in the Dutch TTF index. Indeed, while the price in the Dutch index now stands at 116 euros, the 275 mark has not been reached since last August, when highs were reached above 300 euros. In short, a highly improbable […]
PP’s fall leaves its lead over PSOE to just two points
Barely two points separate the PP from the PSOE, its narrowest lead in five months, when the wind in favor of the new populist leader, the so-called “Feiyo effect”, allowed Alberto Núñez Feiyo to pull away by nearly eight points. in front This comfortable cushion gradually disappeared, poll by poll, and the rating of the […]
Real household income in Spain falls by 6 percentage points due to inflation, three times more than in the OECD as a whole.
According to OECD data, real household income in Spain fell by 6 percentage points from the last quarter of 2021 to the second quarter of this 2022. This loss in household purchasing power is three times greater than in the entire international institution, and also far greater than the decline in Germany, France or Italy. […]