1. Let's go. Annual inflation is at its highest level in Spain since 1992, the INE has announced. It has risen to 5.6% in November. Has been going up for nine months in a row now. Food and petrol up, whereas this time last year, they were going down.
2. More inflation: Spain's industrial price index, which is obtained from imports and exports, soared to 26.7% in October, says the INE. “This is the highest rate of this aggregate figure since January 2006”. It has also been going up all year.
3. ENERGY INFLATION IN SPAIN: +156.8% for exports compared to October last year. +121.7% for imports. The bureaucratic press release from the INE does not do justice to this fact. This is how it looks on the charts: DOUBLE the previous statistical record.