CCOO Castilla y León has raised concerns regarding the detrimental impact of persistent inflation on the living conditions of the majority of the working population. The union's secretary for trade union action, Fernando Fraile, noted that the CPI remains at 4.9% in October, marking three consecutive months of inflation above 4%. This situation is significantly affecting the purchasing power of many workers.
The union emphasised that the current price levels are eroding the wage increases agreed upon in collective bargaining agreements, straining family economies and impoverishing a population already burdened by rising prices in recent years. Additionally, the housing crisis exacerbates these issues, with Fraile warning that soaring property prices are making home ownership unattainable for millions, both for buying and renting.
With prices rising nearly 5% over the past year, the situation is also hindering negotiations for collective agreements in the region. Employers are reportedly refusing to raise wages to cope with the high prices they are contributing to, attributing their cost increases to the prices of goods and services consumed by the public.
In light of these challenges, CCOO Castilla y León is once again calling for a sense of responsibility from employers and businesses to unblock collective bargaining negotiations and to promote wage increases that fairly distribute the profits generated by workers within companies.
