Spanish economy

inflation rises

March inflation in Spain down to 3.3% but underlying hits all-time high of 7.5%

The Consumer Price Index (CPI) rose by 0.4% in March compared to the previous month and cut its year-on-year rate by more than 2.5 points to 3.3%, its lowest value since August 2021, according to advanced data published on Thursday by the National Statistics Institute (INE).This moderation in the year-on-year growth rate of the CPI places inflation at its lowest level since August 2021, when a rate of 3.3% was…

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Telefónica asks EU to follow South Korean model: make Google, Amazon, Facebook, Apple pay for networks

Telefónica continues to lobby, along with the major European operators, for the GAFA (Google, Amazon, Facebook and Apple) to collaborate in investments to expand and improve telecommunications networks.Telefónica defends the South Korean model, a country with a regulation focused on ensuring that the players that generate the most traffic make a fair contribution to financing telecommunications networks. It is a policy that has led Netflix to file a lawsuit against…