Skip to content
Subscriber Only
Markets
Economics

Spain’s Workers Ready to Compromise on Wage Raises—At a Price

  • Top union boss seeking only gradual pay jumps in coming years
  • But he wants companies to also keep a lid on their prices
By

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Facing a three-decade high in inflation, workers in Spain are suggesting a compromise solution to dodge the kind of wage-price spiral dreaded by central bankers the world over.