Editorial: El Mundo

• Macroeconomic forecasts trust in the robustness of household consumption, despite the rise in prices in 2026.
• The Bank of Spain predicts that the CPI will decrease from 2.7% in 2025 to 2.1% in 2026.
• Prices will continue to increase, but at a slower pace.
• Spanish GDP growth for 2026 will be 2.2%, less than the 2.9% of 2025.
• Wages and the purchasing power of families are not keeping up the pace of the price rise.
• The main areas of price increase will be telephony, housing and plane tickets.
• Basic food items such as eggs, meat, and coffee will also increase.
• Inflation and the rising cost of living is a social challenge, particularly affecting the middle classes.

Conclusion: The gap between prices and wages is a growing concern. Substantial reforms are required to handle issues such as income stagnation, structural housing problems, and the need to increase productivity.

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