The

price of energy

rose on average by

27.7% in the OECD

in the month of

November

-the last for which the Organization has released data this Tuesday-, with

Spain

being the

fifth

country that suffered a greater increase in energy prices, of the

35.9%

compared to the same month of 2020.

Only four of the 38 states that make up the OECD were ahead:

Norway

, with an increase of 84.3%,

the Netherlands

(+ 46.7%),

Belgium

(+ 46.4%) and

Luxembourg

(+40, 7%).

The rise in the price of energy in Spain far exceeds that

of the European Union average

(25.9%) and also that of the

euro zone

(27.5%).

It is also much higher than that suffered by neighboring countries such as

France

(22.1%),

Germany

(22%),

Italy

(30.9%) or

Portugal

(14.1%), which is the European exception to the rise of prices.

Our country is thus among the five with the greatest problem of energy prices, despite the

fiscal measures approved by the Government

to try to lower the electricity bill.

This position of Spain among the top five could be exceeded even when the OECD incorporates the inflation data for

December

, the month in which

the CPI in Spain rose to 6.7%

, according to the data advanced by the INE that will be confirmed on Friday This week.

Highest price rise in the OECD since 1996

In general terms, prices climbed

5.8% in November

in the average of the countries that make up the OECD,

the highest increase in the last 25 years,

and

Spain

registered a rebound in prices of

5.5% that month.

According to data at the end of November released this Tuesday by the Organization, the price increase that occurred in the OECD in November was

the highest since 1996

, with an especially high increase in the

United States

, where prices increased by

6, two%.

In that country, given the high inflation, the

Federal Reserve

(the Fed, its central bank) has already warned that it would see "

justification" to advance a rise in interest rates

if prices remain so high.

In the euro zone, prices stood at 5% in December, which closed the year 2021 with an average inflation of 2.6%.

For 2022, the institutions forecast an even higher average inflation, which could lead the

European Central Bank

(ECB) to start considering a

tightening of monetary policy

as of 2023.

"We understand that rising prices are a concern for many people and

we take this concern very seriously

," said Christine Lagarde, President of the ECB, this morning at the replacement ceremony at the top of the German Bundesbank.

"But

people can trust that our commitment to price stability

is

unwavering

, which is critical to firmly anchoring inflation expectations and confidence in the currency," he added.

According to the criteria of The Trust Project

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