Inflation is entrenched in Spain: the same breakfast rises three times more than in France, twice as much as in Italy and 30% more than in Germany

• The price of more than half of the products we consume is already rising above 4% year-on-year

Coffee with milk and toast with butter and jam;

tea and a slice of bread with olive oil and salt;

an orange juice and an omelette, and a bowl of milk with cereal.

This

, which could be that of

of four members,

than a year ago if the family chosen for the example is

An increase three times higher than that registered if the family is

, double what has risen for an

and 30% more than what has increased for a

house .

It is the effect of inflation

, which has risen in Spain by 8.7% in May, according to the data advanced this Monday by the INE, and which already generates

on the country's economy: on the one hand,

without any contention dam and, on the other hand, it affects

Core

, which measures the evolution of prices excluding those of energy and fresh food, serves as a thermometer to know how the rest of the country's prices fluctuate and in the month of May it rose by

year-on-year, average point more than in April and the highest figure since October 1995.

The general index has also surprised on the upside, since it was expected that after the peak reached in March -of 9.8%- the IPC would begin a downward path.

After moderating to 8.3% in April, however, it

The result is an

of families, who as soon as they start the day already have to pay

Bread has

10.1%;

butter ,

%;

breakfast

, 6%;

milk ,

%;

yogurts ,

%;

coffee ,

%;

sugar ,

%;

,

7.7%,

and

powder, 10.2%;

juices ,

%;

fruits ,

%;

,

42.5%;

and

, 21.6%.

Rises, collected by the National Institute of Statistics (INE) at the end of April, which far exceed those experienced in other European countries.

According to the data of the

in Germany, France and Italy, all these common products in the first hours of the day on the tables of European homes have risen in the last year, but in no case as much as in Spain.

This

is today

in

and in

In fact, the CPI stood at

, according to advance data also this Monday in that country, while in France it rose 4.8% in April and in Italy, 6.2%. .

The data for May of the latter will be known this Tuesday when Eurostat publishes its advance for the month.

Breakfast ,

any case,

.

The prices of almost any component of the shopping basket rise more strongly in Spain than in the rest of the comparable countries of the European Union.

Greater contagion to other goods in Spain

While in the rest of the countries the greatest increases are concentrated in

, in

there are more and more different goods and services with strong increases.

Here, edible

other than olive (sunflower, palm, coconut, etc.) rise 96.2%;

, 50.5

%;

and

, 42.5%, the three being among the products with the highest increases.

In

, the price increases are led by

(butane, propane...) with a rise of 123.1%;

liquid

77.4% and

, 51.9%;

the same thing happens

in

rise 80.8%;

natural

, 54.5%, and

, 34.3%-, and in

the increases are led by

(91%) and

(79.8%) -whose main cost is the fuel- and

(68.5%).

Electricity

rose by

in April , moderating mainly due to the

, since in April 2021 it already registered increases;

liquid fuels for heating became more expensive by 95.7%;

and butane and propane, 33.4%.

The Government has not yet managed to approve the

, which will have a downward impact on the price of electricity, with which a general drop in the energy bill has not yet been seen that could deflate the increases a little.

With regard to

, which are respectively 32.1% and 16.3% more expensive in Spain in April,

than those that have occurred

due in part to the

of 20 cents per liter decreed by the Government and which entered into force on April 1.

This moderation in the rise in prices has occurred despite the fact that according to some economists such as

, doctor in Economics and professor at the University of Las Palmas de Gran Canaria,

largely absorbed

, with which the expected relief in the pockets of the drivers has not been noticed.

"The results are clear: the average prices in Spain increased after the policy by, approximately and on average, 5 cents. Specifically, gasoline 95 increased 2.7 cents before taxes and 3.7 after taxes; and diesel even more, reaching 4.1 and 6 euro cents before and after taxes, respectively (...)

, who should pay 20 cents less, and not 15 as it is really happening", he denounces while emphasizing "the

".

The presumed ineffectiveness of the measure could have influenced the evolution of the CPI, since although some experts such as the

economists expected it

, it has finally surprised on the upside with a rise of more than one point higher .

Additional measures to contain the CPI

The Government and the central banks maintain, however, the message that inflation is "exceptional" and will go down.

"

caused by the exit of the pandemic and Russia's invasion of Ukraine and it is affecting the Spanish economy and all the economies of the world. There are problems with the price of food (...) but

that are foreign to us

", said this Monday the Minister of Agriculture,

, in statements collected by Efe.

"We continue to work on

especially energy prices and raw materials, which is where the problem lies," pointed out his counterpart from Industry, Commerce and Tourism,

who has assured that the Executive will extend the measures approved to try to contain inflation.

However, whether or not inflation will go down will largely depend on whether these messages sink in and give companies and consumers confidence, that is,

Meanwhile, and given the evolution of the data,

, Director General of Economy and Statistics of the

, warned that the institution

and its growth estimate downwards.

In their latest projections, presented in April, they predicted that

, a figure surpassed by the increase in the CPI accumulated to date, of

The director of Economy of the supervisor has taken advantage of his intervention in an act in Seville to recognize that today's data has surprised them and to

that "avoids an inflationary spiral" since there are "some policies to fight against inflation that escape the margin of governments".

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