Economics
Spain Sticks to Raising Minimum Wage to Reduce Wealth Gap
- Spanish inflation has been rising at fastest pace in a decade
- Jump in consumer prices is a ‘transitory feature’ of rebound
Photographer: Cristina Quicleer/AFP/Getty Images
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Spain is sticking to its strategy of raising the minimum wage to tackle the growing wealth gap in the country amid the fastest acceleration in inflation in nearly a decade, Economy Minister Nadia Calvino said.