Jose Manuel Campa

The Secretary of State of economy, Jose Manuel Campa has asked for it. It does not rule out that inflation moves to wages soon. He explained the fall of the consumer price index (CPI) in June up 3.2%. The Secretary of State of economy, Jose Manuel Campa, asked Wednesday to employers and workers to negotiate collective agreements at enterprise level involving linking wages with productivity, since it does not rule out prices to move into wages soon. At the press conference to explain the fall of the consumer price index (CPI) in June up 3.2%, Campa said that it is obvious that you can have a cto of second round in the coming months move inflation to wages, due to the costs of energy and services. For this reason, he encouraged the social partners to negotiate flexible agreements that make companies can become more competitive with their environment and adapt to the situation of economic crisis. Not However, he noted that the fall of inflation to three-tenths interannual rate up to 3.2% in June reflected a moderation in prices and relied on the IPC to follow this downward trend also in July. He explained that this decrease will be the disappearance of the cto that took the increase in VAT in July of last year, as well as a moderation in the price of oil. Source of the news: economy want collective agreements linking wages with productivity