The escalation of
Consumer Price Index (CPI) continued unstoppable in November due to the rising cost of gasoline and food. Inflation, also known as the tax on the poor, continued to undermine the purchasing power of Spanish wages and savings. The inflation rate rose two tenths in relation to the previous month and increased to a percentage of 5.6%. This figure represents a new record since 1992.
The Government continues to describe this scenario as a "temporary effect", despite the fact that prices continue to rise.