Inflation’s services gap cannot be tamed by interest‑rate hikes aloneExecutive summary: El País notes that the inflation gap between services and industry persists despite recent interest‑rate hikes. Persistent service inflation can erode real wages, complicate monetary policy and threaten overall economic stability. Spanish policymakers, the Bank of Spain and private firms in services and manufacturing are mentioned. Analysts expect the government to consider targeted fiscal measures and possible sector‑specific support to alleviate the gap.El País reports that the inflation differential between services and industry remains unresolved despite recent rate increases. The piece argues that monetary tightening alone cannot close this gap and calls for complementary policy measures. It highlights the need for targeted fiscal or sectoral actions to address underlying price dynamics.Connected developmentsPublic debt surge tests market stabilityNew housing prices push middle class outEconomy fine but well‑being bridge brokenOpen the full case file on Beyond →
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