As the Government came forward pricing, have met their forecasts of inflation back into positive territory by year-end, since it is up 1% to place last November’s CPI at a rate of 0.4%.
After eight months of continuous declines, inflation has been reset to positive, so that at present this data will remove the fear that he planned economy in Spanish about a possible deflation, a widespread and continuous fall in prices of goods and services seems to be something that will not occur.
The reasons for this rise in the CPI must be sought outside we’re in a seasonal period where traditionally often go up also because the price of oil has risen over the last year because in November 2008 was priced at $ 54 and is now almost $ 80.
Inflation
It is also noted that pensioners for the first time since 1998, the State does not compensate this group with a bonus in January, the pay was produced by the deflection suffered prices on the rise in expected pension by the Government.
So in this case, pensioners have benefited because their pensions increased by 2% since early this year, while prices only 0.4%, so their purchasing power has been theoretically increased by 1.6 %.