Montserrat Casanovas, professor of Economics and Business at the University of Barcelona and an elected full academician of the Royal European Academy of Doctors-Barcelona 1914 (RAED), has analyzed in the television channel 3/24 of Televisió de Catalunya the adverse effects for the Catalan and Spanish economy of the CPI rebound up to 3%. For Casanovas, this rise “will reduce competitiveness to our economy, since the EU average is at 1.8%, and more taking into account that is due to the increase in the price of light, fuel and fruits and vegetables, which are expected to remain high throughout the year”.
Casanovas has also ensured that this increase “means a significant loss of purchasing power among pensioners and many workers who will not see their wages increased by more than 1% or 1.5%”.
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