Household debt drops to 76.6%, the lowest level since 2002, due to the improvement in salaries and pensions. The improvement in family income in nominal terms has allowed them to reduce their level of debt.
Alejandra Olcese: "In the EU, inflation will fall in 2024, but in Spain not because of salaries" "Sales increased, but at a more moderate pace than the previous year," says the Bank of Spain, which considers the transfer of the debt burden to the increase in rates "is very advanced"