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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