Spain is already the sixth country in the Eurozone with the highest inflation

The panorama could change in 2024, and the main reason will be the methodological change of calculating the cost of subindex 04. The calculation method produced enormous drops in the result of this subindex during last year and, therefore, in January it has been necessary subtract a drop of almost 9% from last year. We will also soon know how the index has behaved this month, and we must hope that there has been no fall or, in any case, a very slight one, which implies changing a negative data for a positive one.

And that’s how it will continue to be throughout the year, although as the end of the year approaches, the Government will stop suffering so much. But when things are done for politics and to satisfy politicians, what usually happens is what is going to happen to them, which in the short term is very good and in the long term the next person pays for it, which is now Carlos Body.

Let’s see, what Eurostat has just published with the data of the countries with our currency:
So we have to in the Eurozone inflation drops to 2.8%, which is great for the European Central Bank to begin to notice that we are getting closer to ending inflation and in the second quarter decide to lower interest rates.

Besides, Germany has lowered its CPI by seven tenths in January, just like France, which is beginning to notice the measures taken in September by the French government and makes France’s CPI the seventh worst, with 3.4% but with the good news that the first digit is already It is a 3. In the Netherlands, on the other hand, there has been a spectacular rise of 2.1 points and when it seemed that everything was under control the new government has just been given a tremendous upset.

The same as Meloni, that inflation has gone 4 tenths higher even though Sánchez would have liked have 0.9% inflation at the end of January, as does the Prime Minister of Italy. With respect to Spain, the phrase of Nadia Calviño: «We have already stopped inflation«He said in an interview in the Diario El País.

Today the situation has boiled over again, we are in a 3.5%, we occupy the sixth position among those with the highest inflation with Estonia, Croatia, Slovakia, Austria and Malta, ahead of us, but with 4 of them lowering their CPI and some of them very significantly, as is the case of Slovakia, which drops 1.3 points, and Austria, which drops 1.4 points. But what is worse for our president: France, Germany, Italy and the Netherlands are in a better position than Spain.

And worse still, no one is doing anything in the Government, everyone is dedicated to politics and no one to the economy. So soon we will see the President tremble with anger when he realizes that he once again has a serious problem on his hands, even though that problem will help him raise much more money, thanks to personal income tax.