Consejeros Editorial Team The rise in fuel prices has caused inflation to rise by four tenths of a percentage point in July, bringing the Consumer Price Index (CPI) to 3.6 per cent, according to final figures published by the National Statistics Institute (INE). In fact, the Government has announced that the reduction in the hydrocarbon tax applicable to diesel will rise to €0.20 per litre in September, compared with the…
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Recent growth figures, leading indicators and signals from the financial markets suggest that the German economy is performing better than the prevailing sentiment would suggest. Analysis by DWS Public perception suggests that the German economy remains marked by the crises of recent years. The energy crisis, the inflationary shock and the prolonged weakness of the industrial sector have weighed heavily on confidence. However, the latest data paint a more encouraging…
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The US CPI for July, the key indicator of the week, came in entirely in line with expectations: month-on-month 0.1% (against 0.1% expected and negative 0.4% previously), month-on-month core 0.2% (compared to 0.2% expected and against 0.0% previously), year-on-year 3.4% (against 3.4% expected and against 3.5% previously) and core year-on-year 2.5% (against 2.5% expected and against 2.6% previously). Report by Intermoney On Wednesday, we saw the week’s key figure, the…
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Rosa Mª García Piñeiro, board member at Caixabank, Acerinox, and Ence—serving as chair of the sustainability committee for the latter two and as a committee member at Caixabank—explains that “the directive does not set the materiality threshold. The company decides it based on its own criteria. There is nothing in the legislation that prescribes what is material and what is not. The auditor-verifier may have one opinion, the company may…
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Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…
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