Yolanda Díaz argues for a pay rise, arguing that most of the high IPC is due to the margins companies have, supporting a CC OO report
Just hours before the debate over the state of the nation began, the second vice president, Yolanda Díaz, once again made a loud and clear plea for wage increases amid an inflation spiral so that workers do not return to be the big losers in this new crisis. “We need to raise wages,” he defended. In addition, he pointed out that “the Spanish civil service is not paid well”, also advocating an increase in the pay of civil servants.
In this sense, the Labor Secretary argued that inflation is not caused by “people’s wages”, but by the “historical advantages” that companies have, more than 65,000 million this year. For example, he specified that 83% of inflation, which stood at 10.2% in June, is related to corporate margins.
The minister thus agrees with the results of the latest CC OO report, which shows that in the first quarter of the year, operating margins were responsible for 83.4% of the price increase, while last year 106.3% in the last quarter. used to be.
From the union, they explain that headline and underlying inflation (5.5% in June, when it was 0.2% a year ago) point to a “strong second-round effect driven by corporate earnings.” And in that sense, they denounce that salaries are practically not growing, averaging 1.33% in Spain.
In addition, the effects of the second round – so feared by the Bank of Spain that they believe these effects presuppose a deeper economic crisis – are being noticed more in Spain than in other Western countries, according to the data analyzed. by the CCOO economic cabinet.
Source: La Verdad
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