The upward trend in Spanish inflation has been driven by rising input costs, the abrupt nature of the global recovery and nascent structural transformations accelerated by the pandemic. While the immediate effect is a slowdown in the pace of recovery, further ahead, if global inflation becomes sustained, the perception of central bank independence will be key.
This week we are focusing on the results of the German election. The stakes are obviously high for Germans, but also for Europe as a whole. It’s no secret the weight that the future German government will have on the EU’s key economic discussions.
El incremento de los precios de todo tipo de recursos naturales y de suministros y componentes tecnológicos, como consecuencia de los efectos contractivos de la pandemia sobre la oferta de ambos y de la recuperación posterior de la demanda global, ha generado un aumento de los costes de producción que se traslada finalmente a la inflación general de la economía.
This week we are taking a look at Europe’s main economic risks. What are the main concerns for policymakers as they come back to their office after the summer break? We’ve hosted a podcast conversation with Raymond Torres, Funcas Europe Director, and Carlos Carnicero Urabayen, Future is blue editorial coordinator.