Spain: unions and employers’ organizations fight about the inflation rate to take into account for wage increases

nion confederations, defined the threshold for wage increases to 2%, while the CEOE employers’ confederation draws the line at 1%. After seven years of consensus on the prices defined in the collective bargaining interprofessional agreement (AINC), controversy arises. Should the 2% defined by the European Central Bank or the 1.4% registered in Spain in 2008 be used as a basis? Confemetal, the employers’ organization of the metallurgy sector, warned that it wouldn’t accept an increase based...