AGP Executive Report
Last update: 2 hours agoInflation Watch: Spain’s CPI jumped to 4.3% in August, up 0.7 points from July—the highest since Feb 2023—mainly driven by fuel and lubricants, with food also adding pressure. Household Impact: The INE says filling up can cost about €16 more than earlier in summer, and higher fuel costs can ripple into transport and other goods. Core Trend: “Underlying” inflation eased slightly to 2.9% (excluding energy and unprocessed food), but the overall picture is still worsening for budgets. Consumer Rules: Spain is also moving against “drip pricing” in online travel bookings: the Consumer Affairs ministry opened proceedings over a ticket platform that added service fees late in checkout, despite new rules requiring the full price to be shown from the start. Local Mobility: Santa Cruz de Tenerife approved its Low Emission Zone plan, with a long transition before €200 fines kick in, and clear limits on which vehicles can enter central areas.
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