The inflation data for September 2026 shows a notable increase in prices, with inflation in Catalonia reaching 4.5%, significantly above the price stability targets set by European monetary authorities. CCOO, a major trade union in Spain, warns that this inflationary episode, largely driven by an energy shock, is expected to persist for several quarters, necessitating targeted measures to mitigate its impact on workers.
One of the most concerning aspects of the current price situation is the continuous rise in housing costs, which have been increasing for years at a rate higher than the general inflation index. In Catalonia, the year-on-year inflation rate stands at 4.5%, slightly above the national average of 4.9%. Notably, housing prices have surged by 6.6% year-on-year, indicating a significant discrepancy between the official inflation index and the actual cost of living for residents.
CCOO emphasises that the inflation index underestimates the true evolution of housing prices, which places an excessive burden on working households. The union has called for immediate and robust action from all public authorities, particularly those responsible for housing policy, to address this unsustainable situation.
In addition to housing, other sectors have also seen price increases, with transport costs rising by 8.7% year-on-year, driven by escalating fuel prices due to ongoing conflicts in the Middle East affecting global energy supply.
CCOO has announced a general strike scheduled for 11 November, demanding effective measures to ensure access to housing and salary improvements that prevent a loss of purchasing power in the current inflationary context. The union argues that the economic impact of the Middle Eastern conflict should not be borne by workers, who are unrelated to its origins.
Furthermore, CCOO highlights the need for an observatory on business margins in Catalonia to monitor excessive corporate profits, which they claim exacerbate inflationary pressures. The union recalls that the previous price crisis, which began during the pandemic, resulted in substantial corporate profits, particularly in strategic sectors.
As inflation continues to affect the cost of living, CCOO insists that public authorities must implement price intervention measures to alleviate the burden on households, particularly as they have yet to fully recover from previous economic challenges.
