State pensions set for 3.5% increase in 2027
UK state pensions are expected to rise by over 3.5% next year following a 4.9% increase in the October Consumer Price Index.
#Inflation
State pensions set for 3.5% increase in 2027 · Spanish inflation hits 4.9% in October 2026 · Spain's daily menu price rises to 14.7 euros
Spanish inflation hits 4.9% in October 2026
Spain's annual inflation rate reached its highest level since 2023 as rising energy costs offset falling fuel and food price pressures.
Spain's daily menu price rises to 14.7 euros
The average cost of a daily menu in Spain has increased by 3.5% in 2026, driven by rising prices for eggs, vegetables, and beef.
Funcas forecasts 2.5% GDP growth for Spain in 2026
The think tank projects slowing economic growth and rising public deficits alongside the creation of 770,000 net jobs by the end of 2028.
Pensions to rise in December after elections
Minister Carlos Cuerpo confirms pension increases will be approved in December once final inflation data is released on 27 November.
Inflation hits 4.9% as fuel prices surge in Sept
The National Statistics Institute confirms a 2026 inflation peak, prompting the government to maintain fuel discounts through November.
Bank of Spain raises growth and inflation outlook
The Bank of Spain projects 2.6% growth this year while warning of a rising housing deficit set to reach one million units by 2028.
OCU report: Supermarket prices up 39.5% since 2021
The OCU 2026 report reveals a 39.5% surge in food costs since 2021, with coffee and eggs seeing the most dramatic price increases.
Feijóo proposes zero VAT on basic food items
PP leader Alberto Núñez Feijóo unveils a shock tax plan to tackle rising food costs and inflation through significant VAT reductions.
Spanish inflation hits 4.3% as oil prices surge
Inflation reached a three-year high in August as rising crude oil costs prompted the ECB to hike rates and the government to cut fuel duty.