Editorial: El Mundo

• The drop in the CPI provides relief to the middle class right before the reduction of food VAT ends.
• The CPI fell 0.6% in September compared to the previous month, its lowest figure since March 2021.
• A decrease in the cost of food and electricity, along with core inflation, is causing a drop in prices.
• The Spanish economy grew by 0.8% in the second quarter, largely due to household consumption.
• The lack of a horizon for the 2025 budgets and the government's reluctance to cut tax burdens for middle and low incomes are affecting the good performance of the economy.
• Political instability and institutional discredit are preventing the necessary reforms from being addressed.

Conclusion: Despite economic growth and falling inflation in Spain, current fiscal and political challenges are preventing necessary reforms from being implemented to increase productivity and job quality.

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