The INE reported yesterday that inflation in Spain had an annual increase of 10.2% in June. This is an alarming fact: the highest level since 1985 (a year before Spain entered the European Economic Community). This was due to many factors. On the supply side, the shortage of semiconductors, the lack of skilled labor and high freight prices
But perhaps the most important cause has been the increase in the prices of raw materials. For example, the price of oil rose by 53% in the last 12 months, which also increased the price of fuels and lubricants. With with