Prices

30/08/2022. Spanish prime minister Pedro Sanchez with the German federal chancellor Olaf Scholz during a recent meeting in Germany. Photo: La Moncloa/Flickr.

Economy & Business

ENERGY CRISIS

Spain to lower VAT on gas from the current 21% to 5%

The Nomad Today 9/1/22

This reduction of VAT on gas is one of the measures recently proposed by the leader of the People's Party (PP), Alberto Núñez Feijóo, which was vehemently rejected only the day before by the PSOE…

06/27/2022. The First Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calviño in the press room at the end of the meeting of the Council of Ministers. Photo: La Moncloa.

Economy & Business

INFLATION

Consumer prices mark the biggest rise in 37 years in Spain

The Nomad Today 7/1/22

The increase is higher than expected by economists

Economy & Business

ENERGY CRISIS

Spanish producer prices increase sharply in May

The Nomad Today 6/28/22

Producer prices advanced 43.6% on a yearly basis in May, after climbing 44.5% in April

Spain

ENERGY CRISIS

Spanish government looks to halve VAT on electricity as prices climb

The Nomad Today 6/22/22

At the suggestion of Labour Minister Yolanda Díaz, the government is also now considering a special payment of €300 ($315) per person for all families who are in need

02/28/2022. Finnish Prime Minister Sanna Marin at a press conference on Monday. Photo: © Lauri Heikkinen/Vnk.

World

ECONOMY

Finland's inflation hits highest level since February 1990

The Nomad Today 6/14/22

Prices for food and non-alcoholic beverages surged 9.04% in May from a year ago, and those for utilities rose 8.22%

A fresh food market in Palma. Photo: Pixabay.

Economy & Business

CONSUMER PRICES

Inflation in Spain rises as estimated as food prices soar 11%

The Nomad Today/dpa 6/11/22

Transport prices surged 14.9% from the last year and housing cost advanced 17.5%

11/05/2022 Prime Minister Pedro Sanchez (L) and Minister of Economic Affairs Nadia Calvino during question time in Parliament. Photo: Eva Ercolanese/PSOE.

Economy & Business

CONSUMER PRICES

High inflation spreads to all goods and services in Spain

The Nomad Today 5/13/22

The main source of concern amid the current inflationary drift is that it does not only affect energy and groceries

29/03/2022. The First Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calviño, appears before the media, at the press conference after the Council of Ministers. Photo: La Moncloa.

Economy & Business

CONSUMER PRICES

Spanish inflation moderates to 8.4% in April due to fuel discount

The Nomad Today 4/28/22

Not everything was a slowdown, the prices of food and non-alcoholic beverages continued their upward trend

Woman-engineer-factory-production-plant-team-work-by-pexels

Economy & Business

ECONOMY

Spanish producer price inflation logs strongest pace since 1976

The Nomad Today 4/25/22

Producer price inflation (PPI) advanced to 46.6% in March, from 41.2% in the previous month

woman-shopping-cart-City-Market-food-store-by-foreigner.fi

Finland

CONSUMER PRICES

Finland inflation accelerates sharply in March

The Nomad Today/dpa 4/14/22

Inflation was driven by increases in the prices of electricity, petrol, diesel, and capital repair on detached houses from one year ago

05/04/2022. The First Vice President and Minister of Economic Affairs and Digital Transformation, Nadia Calviño, at the press conference after the Council of Ministers. Photo: La Moncloa.

Economy & Business

ECONOMY

Electricity price soared 108% in Spain, driving inflation to 9.8%

The Nomad Today 4/13/22

Significant increases were also recorded in the prices of fish and shellfish, legumes and vegetables, milk, cheese and eggs, and meat

25/03/2022. Prime Minister Pedro Sanchez, offered a joint press conference with the Prime Minister of Portugal, Antonio Costa, at the end of the European Council. Photo: La Moncloa.

Economy & Business

ENERGY CRISIS

Spain and Portugal want to cap the price of gas at 30 euros per MWh

The Nomad Today 4/1/22

Limiting the price of gas would have an immediate reducing effect on electricity prices, since both are linked in the European energy market

18/03/2022. Spanish Prime Minister Pedro Sánchez, during his meeting with the Prime Minister of Italy, Mario Draghi, the Prime Minister of Portugal, António Costa, and the Prime Minister of Greece, Kyriakos Mitsotakis. Photo: La Moncloa.

Economy & Business

ENERGY CRISIS

Spain backtracks limiting price of electricity to 180 euros per MWh

The Nomad Today 3/22/22

Prime Minister Pedro Sanchez has been on a tour of several European capitals to try to gather support for his bid to decouple the price of electricity from that of gas

Spain

STRIKE ACTION

Spanish fishing crews and truck drivers protest high diesel prices

The Nomad Today 3/21/22

Spain is the second-largest fishing nation in Europe after Norway

A Netflix user with the TV remote. Photo: Pixabay.

Lifestyle

ENTERTAINMENT

Netflix to raise price of accounts shared by non-cohabiting people

The Nomad Today 3/17/22

New subscription plans with additional fees for people who do not live at the same address will be tested first in Chile, Costa Rica and Peru

01/11/2022. Minister of the Presidency, Relations with the Courts and Democratic Memory Félix Bolaños appeared at a press conference after the meeting of the Council of Ministers. Photo: La Moncloa.

Economy & Business

WAR IN UKRAINE

Government says energy prices in Spain will fall after 29 March

The Nomad Today 3/16/22

The government says that with this measure it intends to support citizens, families, companies and self-employed workers

11 March 2022, Baden-Wuerttemberg, Freiburg im Breisgau: A board displays the prices for different types of fuel at a gas station. Fuel prices are at a record high due to the war in Ukraine. Photo: Philipp von Ditfurth/dpa.

Economy & Business

ENERGY

France to knock 15 cents off per litre of petrol to fight price hikes

The Nomad Today/dpa 3/13/22

Speaking to the Le Parisien newspaper, he said the subsidy would be delivered directly at the pump

10 March 2022, Baden-Wuerttemberg, Stuttgart: A customer at a gas station fills his car with diesel fuel. The war in Ukraine has caused fuel prices to rise above the two-euro threshold for the first time. Photo: Marijan Murat/dpa.

Economy & Business

CONSUMER PRICES

Electricity, fuel and food raise Spanish inflation to 7.6%

The Nomad Today 3/11/22

This is the largest annual increase in consumer prices since December 1986, according to the Spanish statistics office

09.03.2022 Spanish Prime Minister Pedro Sanchez speaks during Parliamentary question time at the lower house of Parliament (Congress of Deputies). Photo: Eva Ercolanese/PSOE.

Spain

POLITICS

Prime Minister Sanchez blames Putin for the sharp rise in prices

The Nomad Today 3/9/22

The spokeswoman of the People's Party (PP), Cuca Gamarra, demanded tax reductions - for example on fuels - to curb the inflation

A general view of Valencia's old city. Photo: Pixabay.

Property

REAL ESTATE

Housing prices rise in Spain for the eighth consecutive year

The Nomad Today 3/9/22

Spanish real estate market experts warn that the war in Ukraine will probably accelerate the rise in prices even more, because more and more investors will see housing as a refuge value in…

Spain to lower VAT on gas from the current 21% to 5%

Consumer prices mark the biggest rise in 37 years in Spain

Spanish producer prices increase sharply in May

Spanish government looks to halve VAT on electricity as prices climb

Finland's inflation hits highest level since February 1990

Inflation in Spain rises as estimated as food prices soar 11%

High inflation spreads to all goods and services in Spain

Spanish inflation moderates to 8.4% in April due to fuel discount

Spanish producer price inflation logs strongest pace since 1976

Finland inflation accelerates sharply in March

Electricity price soared 108% in Spain, driving inflation to 9.8%

Spain and Portugal want to cap the price of gas at 30 euros per MWh

Spain backtracks limiting price of electricity to 180 euros per MWh

Spanish fishing crews and truck drivers protest high diesel prices

Netflix to raise price of accounts shared by non-cohabiting people

Government says energy prices in Spain will fall after 29 March

France to knock 15 cents off per litre of petrol to fight price hikes

Electricity, fuel and food raise Spanish inflation to 7.6%

Prime Minister Sanchez blames Putin for the sharp rise in prices

Housing prices rise in Spain for the eighth consecutive year

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