The first vice president and economy minister assured this after he learned on Wednesday that the June CPI rose 1.8% from the previous month and that the annual-over-year rate rose by 1.5 points. up to 10.2%
First Vice President and Minister of the Economy and Digital Transformation, Nadia Calviño, defended the College’s measures announced last Saturday to reduce price hikes, but warned of a “higher” inflation scenario for “more weather”.
For example, in an interview on TVE collected by Europa Press, the Minister of Economic Affairs spoke on the day it was announced that the consumer price index (CPI) rose by 1.8% in June compared to the previous month and year-on-year. -year rate shot up 1.5 points to 10.2%, the highest level since April 1985, according to advanced data released this Monday by the National Institute of Statistics (INE).
Calviño has explained that the gas and oil cut “wasn’t good news” because it raised the gas price “by 50 percent” and accelerated “inflation at the international level”, for which he has defended the “timely” measures” and “very vigorously”. » of the anti-crisis decree promoted by the government. “Spain is anticipating what we saw coming to try and support the population as a whole,” he said.
At this point, he reiterated that the executive has taken “decisive, effective” and “delicate” measures, including mobilizing “more than 1% of GDP” and a “volume of very important resources”. “The outlook for energy prices is not positive,” he emphasized.
Calviño has asked to be “aware” that the Russian invasion of Ukraine “impoverishes Europe” and that the measures are intended to “dampen the impact” on Spanish society. «The war marks a before and after (…) The shutdown of gas and oil puts us in a different scenario. We need to prepare for a higher inflation scenario for a longer period of time,” he warned.
Source: La Verdad
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