inflación
97 views
1 Posts
Hot
Latest
See original
$BTC
Bitcoin may rebound its price beyond 100,000 helped by the #inflación
Inflation has a complex relationship with the price of Bitcoin.
☀️ #Bitcoin can be a Haven.
When inflation rises, the value of fiat currencies tends to decrease. In this scenario, many investors seek assets that can maintain or increase their value over the long term. Bitcoin, having a limited supply, has positioned itself as an attractive option to protect purchasing power against inflation.
💰 Interest rates: Central banks often adjust interest rates in response to inflation. If rates rise to combat inflation, this can make risk assets like cryptocurrencies less attractive, as investments in bonds and other fixed-income options become more profitable.
🫨 Economic uncertainty: Periods of high inflation are often accompanied by greater economic uncertainty. In these moments, investors may seek assets like Bitcoin as a way to diversify their portfolios and protect against potential declines in traditional markets.
❤️🔥In short, inflation can drive the price of Bitcoin up by making it a safe haven asset, but it can also pressure it down if interest rates rise or if economic uncertainty generates a risk-averse attitude.
I personally believe it gradually reaches 150,000 in 2025. What do you think?
Bitcoin may rebound its price beyond 100,000 helped by the #inflación
Inflation has a complex relationship with the price of Bitcoin.
☀️ #Bitcoin can be a Haven.
When inflation rises, the value of fiat currencies tends to decrease. In this scenario, many investors seek assets that can maintain or increase their value over the long term. Bitcoin, having a limited supply, has positioned itself as an attractive option to protect purchasing power against inflation.
💰 Interest rates: Central banks often adjust interest rates in response to inflation. If rates rise to combat inflation, this can make risk assets like cryptocurrencies less attractive, as investments in bonds and other fixed-income options become more profitable.
🫨 Economic uncertainty: Periods of high inflation are often accompanied by greater economic uncertainty. In these moments, investors may seek assets like Bitcoin as a way to diversify their portfolios and protect against potential declines in traditional markets.
❤️🔥In short, inflation can drive the price of Bitcoin up by making it a safe haven asset, but it can also pressure it down if interest rates rise or if economic uncertainty generates a risk-averse attitude.
I personally believe it gradually reaches 150,000 in 2025. What do you think?
See original
Analysis of US inflation: "The fight to return to 2% will clearly have some obstacles"
The data of #inflación in the US prepared by Bret Kenwell, US options analyst at eToro.
The data show the impact the decline in energy prices is having on inflation figures, as well as the cost of housing, which was “the factor that most influenced the monthly increase in the index for all items except of food and energy, which shows what the “stickiest” parts of inflation are.”
“This could give the Fed #FED some leeway to talk about 'higher for longer' interest rates and allows it to continue to rely on data,” he says.
The data show the impact the decline in energy prices is having on inflation figures, as well as the cost of housing, which was “the factor that most influenced the monthly increase in the index for all items except of food and energy, which shows what the “stickiest” parts of inflation are.”
“This could give the Fed #FED some leeway to talk about 'higher for longer' interest rates and allows it to continue to rely on data,” he says.
See original
🔥Powell's speech sends Bitcoin reeling.
The price of #Bitcoin surpassed $61,000 ahead of the US Federal Reserve Chairman's #JeromePowell speech. The traditional #mercados also had a high moment #Volatilidad .
At the US Federal Reserve's annual Jackson Hole symposium, Powell was more confident that the #inflación was on a sustainable 2% trajectory and gave signals that the central bank would start lowering interest rates.
The question everyone is now asking is how much interest rates could go down. According to the CME fedwatch tool, there is a 65.5% chance that rates will be cut by 25 basis points, while 34.5% think it will be cut by 50 basis points. We will know this in September when the FED FOMC is held.
So after these events, we have that the price of Bitcoin exceeded $61,000 dollars until reaching $62,320 dollars for a few moments. It is currently at $61,466 dollars.
On the other hand, the main indices such as the Dow Jones, S&P500 and Nasdaq rose 1%, 1.2% and 1.8% respectively.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$BTC
The price of #Bitcoin surpassed $61,000 ahead of the US Federal Reserve Chairman's #JeromePowell speech. The traditional #mercados also had a high moment #Volatilidad .
At the US Federal Reserve's annual Jackson Hole symposium, Powell was more confident that the #inflación was on a sustainable 2% trajectory and gave signals that the central bank would start lowering interest rates.
The question everyone is now asking is how much interest rates could go down. According to the CME fedwatch tool, there is a 65.5% chance that rates will be cut by 25 basis points, while 34.5% think it will be cut by 50 basis points. We will know this in September when the FED FOMC is held.
So after these events, we have that the price of Bitcoin exceeded $61,000 dollars until reaching $62,320 dollars for a few moments. It is currently at $61,466 dollars.
On the other hand, the main indices such as the Dow Jones, S&P500 and Nasdaq rose 1%, 1.2% and 1.8% respectively.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$BTC
See original
🚗 The most expensive vehicle to operate in 2024-2025 🛒💸
We never thought that a simple shopping cart would become the "luxury car" of our days. But with inflation hitting hard, every trip to the supermarket feels like a trip on a high-cost highway. 😅(here in Argentina it is common currency, but it is striking to see how it is becoming a common denominator globally)
What used to be filling the cart without thinking about it, has now become an adventure where choosing carefully and comparing prices becomes a true survival strategy. 🌍🛒
It is almost inevitable to notice how second brands begin to fill our cupboards. What used to be a choice is now a necessity. And although it is true that creativity and planning play an important role, it is still a reminder of the difficult times we live in. 📉
So, as we continue to weather this unstable economy, each purchase is a small triumph. 🎯 Because beyond humor, it is key to stay resilient and adapt to move forward, step by step ... or in this case, wheel by wheel. 😉 #inflación #inflation #GlobalCrisis #Market #F $FDUSD $USDP
We never thought that a simple shopping cart would become the "luxury car" of our days. But with inflation hitting hard, every trip to the supermarket feels like a trip on a high-cost highway. 😅(here in Argentina it is common currency, but it is striking to see how it is becoming a common denominator globally)
What used to be filling the cart without thinking about it, has now become an adventure where choosing carefully and comparing prices becomes a true survival strategy. 🌍🛒
It is almost inevitable to notice how second brands begin to fill our cupboards. What used to be a choice is now a necessity. And although it is true that creativity and planning play an important role, it is still a reminder of the difficult times we live in. 📉
So, as we continue to weather this unstable economy, each purchase is a small triumph. 🎯 Because beyond humor, it is key to stay resilient and adapt to move forward, step by step ... or in this case, wheel by wheel. 😉 #inflación #inflation #GlobalCrisis #Market #F $FDUSD $USDP
See original
"Investors may wonder how long the Fed can wait before cutting rates"
“The weaker-than-expected data may have investors wondering how long the Fed can really wait before cutting rates,” said Bret Kenwell, a US investment analyst.
After several months of strong retail sales figures, January results fell well short of economists' expectations. Investors expected moderate growth in core retail sales, but instead there was a month-on-month decline. This complicates matters for investors seeking clarity around the Fed's first rate cut.
Due to a series of strong economic reports, it appears that the Federal Reserve felt confident enough to keep rates elevated in hopes of continuing to reduce inflation. That argument was reinforced by this week's inflation report, but weaker-than-expected January retail sales data may have investors wondering how long the Fed can really wait before cutting rates.
It's hard to get too much out of a single report, but this is contradictory data. If the economy is weakening, it could force the Federal Reserve to cut rates.
The stock has had a tremendous run, rising 14 of the last 15 weeks. At some point, a pullback or consolidation would make sense. While delaying a rate cut may be a short-term disappointment for bulls, it would be better to see continued economic strength beneath the surface. That said, we are still in a bull market and economic data remains encouraging. Until that changes, investors should look for opportunities on dips.
#FED #Bitcoin #inflación $BTC $ETH $BNB
“The weaker-than-expected data may have investors wondering how long the Fed can really wait before cutting rates,” said Bret Kenwell, a US investment analyst.
After several months of strong retail sales figures, January results fell well short of economists' expectations. Investors expected moderate growth in core retail sales, but instead there was a month-on-month decline. This complicates matters for investors seeking clarity around the Fed's first rate cut.
Due to a series of strong economic reports, it appears that the Federal Reserve felt confident enough to keep rates elevated in hopes of continuing to reduce inflation. That argument was reinforced by this week's inflation report, but weaker-than-expected January retail sales data may have investors wondering how long the Fed can really wait before cutting rates.
It's hard to get too much out of a single report, but this is contradictory data. If the economy is weakening, it could force the Federal Reserve to cut rates.
The stock has had a tremendous run, rising 14 of the last 15 weeks. At some point, a pullback or consolidation would make sense. While delaying a rate cut may be a short-term disappointment for bulls, it would be better to see continued economic strength beneath the surface. That said, we are still in a bull market and economic data remains encouraging. Until that changes, investors should look for opportunities on dips.
#FED #Bitcoin #inflación $BTC $ETH $BNB
See original
What drives the growth of #stablecoins #Argentina ?
The use of stable #criptomonedas grows in Argentina at a rate of 15% monthly in the last quarter
Analysts indicate that it is due to the situation that the country is experiencing with a high #inflación and difficulties in accessing the dollar in the traditional market.
Factors such as inflation, economic problems, limited access to traditional financial services and monetary crisis, where we already have a blue dollar that surpassed the barrier of $1,000 pesos, certainly impact more and more people opting for an environment like the of cryptocurrencies says Guillermo Escudero, manager of Global Strategic Alliances of the platform #Cryptomarket
The use of stable #criptomonedas grows in Argentina at a rate of 15% monthly in the last quarter
Analysts indicate that it is due to the situation that the country is experiencing with a high #inflación and difficulties in accessing the dollar in the traditional market.
Factors such as inflation, economic problems, limited access to traditional financial services and monetary crisis, where we already have a blue dollar that surpassed the barrier of $1,000 pesos, certainly impact more and more people opting for an environment like the of cryptocurrencies says Guillermo Escudero, manager of Global Strategic Alliances of the platform #Cryptomarket
See original
Inflation in Spain: "Predictions of lower inflation may not be so solid"
After the figures have shown a new rebound, Javier Molina, senior market analyst for eToro, analyzes the possibility that the “predictions of lower inflation are not as solid as would be desired.” This raises the question of who may be making a mistake: “a market that discounts inflation control and falling rates, or central bankers who remember “high rates for longer” to ensure inflation control.”
CPI: central bankers facing the market Who will be wrong? Javier Molina, senior market analyst for eToro
CPI: central bankers facing the market Who will be wrong? Javier Molina, senior market analyst for eToro
See original
US inflation, the evolution of prices "will force the rate cut to be reversed"
On December US inflation data, prepared by Callie Cox, US investment analyst at eToro. The figures have been slightly higher than Wall Street expected, “which could force the markets to continue backing down on the rate cut operation,” he points out. However, they emphasize that they are not worried about these data: “There is still a lot of pressure on the economy, and many price indicators register sharp year-on-year falls. The trend is going in the right direction and there are many reasons to remain optimistic about a soft landing.”
See original
🔥Imminent impact! Two catalysts could unleash volatility in the crypto world this week 👀
According to a report from the digital asset company QCP capital, 2 important events could increase the volatility of the #Criptomonedas market this week, the presidential debate and the data reading of #inflación in the United States.
The price of #Bitcoin seems to be stabilizing after last week's drop. For analysts at the QCP capital company, #mercado is still anticipating volatility in the face of this week's events.
On the other hand, for analysts at the Bernstein company, cryptocurrency market participants will closely observe the presidential debate in the United States, since the result in November could have significant ramifications for the industry. If #Trump wins, the company predicts that the price of Bitcoin could reach $90,000.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$BTC
According to a report from the digital asset company QCP capital, 2 important events could increase the volatility of the #Criptomonedas market this week, the presidential debate and the data reading of #inflación in the United States.
The price of #Bitcoin seems to be stabilizing after last week's drop. For analysts at the QCP capital company, #mercado is still anticipating volatility in the face of this week's events.
On the other hand, for analysts at the Bernstein company, cryptocurrency market participants will closely observe the presidential debate in the United States, since the result in November could have significant ramifications for the industry. If #Trump wins, the company predicts that the price of Bitcoin could reach $90,000.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$BTC
See original
💀 Is Ethereum “dead” or could it be a good investment? While there have been rumors these days, they are quite far from reality.
🏦 The firm Ark Invest, led by Cathie Wood, sees an optimistic future for the network. In a report, they classify ETH as an “institutional-grade asset” with a return potential similar to BTC. In comparison, Ethereum currently offers a lower issuance rate (inflation) than Bitcoin, although there are more ETH in circulation than BTC.
💻 Institutions such as Kraken are also joining Ethereum. Recently, the exchange confirmed the launch of Ink, its own second-layer Ethereum network.
🚀 Meanwhile, Ethereum is a network that is always reinventing itself. PECTRA is expected to be activated at the end of 2024, an update that will bring a series of improvements that will advance the use of the network. #exchange #Ethereum #BTC #inflación #inversión $BTC $ETH
🏦 The firm Ark Invest, led by Cathie Wood, sees an optimistic future for the network. In a report, they classify ETH as an “institutional-grade asset” with a return potential similar to BTC. In comparison, Ethereum currently offers a lower issuance rate (inflation) than Bitcoin, although there are more ETH in circulation than BTC.
💻 Institutions such as Kraken are also joining Ethereum. Recently, the exchange confirmed the launch of Ink, its own second-layer Ethereum network.
🚀 Meanwhile, Ethereum is a network that is always reinventing itself. PECTRA is expected to be activated at the end of 2024, an update that will bring a series of improvements that will advance the use of the network. #exchange #Ethereum #BTC #inflación #inversión $BTC $ETH
See original
The risk of a resurgence of inflation, the inflation tracker flashes
Ben Laidler, global markets strategist at the trading and investment platform eToro, analyzes recent price developments and notes that “the risk of a return to inflation is undervalued and increasing.” “A first headline inflation data below 3% is needed in today's January report to validate the benign consensus of a productivity-driven "impeccable disinflation," he stresses.
RETURN RISK:
With a surprisingly healthy U.S. labor market and solid economic growth, the risk of a return to inflation is underrated and rising. It's the most important number in the markets, the biggest investment risk, and our inflation tracker (see below) is now flashing yellow.
RETURN RISK:
With a surprisingly healthy U.S. labor market and solid economic growth, the risk of a return to inflation is underrated and rising. It's the most important number in the markets, the biggest investment risk, and our inflation tracker (see below) is now flashing yellow.
See original
🔥The American employment data is only being used at their convenience to steal assets from the hands of lettuce.
It's all false just like the inflation data.
#inflación #EEUU #EE.UU. #EconomiaGlobal #economia
It's all false just like the inflation data.
#inflación #EEUU #EE.UU. #EconomiaGlobal #economia
See original
🏦 Bank Update! 🇨🇭 The Swiss National Bank has made the surprising decision to start lowering interest rates. This measure can have a significant impact on the Swiss economy and global financial markets. What will be the repercussions of this decision? 📉💼
🇺🇸 Meanwhile, in the United States, all eyes are on the Federal Reserve (FED). Will it follow the example of the Swiss National Bank and reduce its interest rates as well? The FED's decision can influence the direction of financial markets worldwide. Stay tuned for upcoming updates! 👀📊 #BancoNacionalSuizo #FED #TiposDeInterés #Economía #inflación
🇺🇸 Meanwhile, in the United States, all eyes are on the Federal Reserve (FED). Will it follow the example of the Swiss National Bank and reduce its interest rates as well? The FED's decision can influence the direction of financial markets worldwide. Stay tuned for upcoming updates! 👀📊 #BancoNacionalSuizo #FED #TiposDeInterés #Economía #inflación
See original
According to @SoberLook, the SP500 is showing a fairly remarkable level of complacency... 👇#SP500 #inflación #economía #BNB #BTC🔥🔥
See original
Outlook for markets in February, analysis by Ben Laidler
Ben Laidler, global markets strategist at trading and investment platform eToro. The expert analyzes how the first month of the year has been in the markets and advances forecasts for February, a month that “will be driven by the great pending technological benefits, a possible inflation of less than 3% in the US and a busy political calendar.” .
On the other hand, Bret Kenwell, US analyst at eToro, analyzes yesterday's Fed meeting. “Due to the strength of the economy, the Fed may feel it has some leeway in when to cut rates, and it doesn't want to do so too soon. At the same time, the longer rates remain in restrictive territory, the greater the risk will be for the labor market and the economy in general,” he points out.
On the other hand, Bret Kenwell, US analyst at eToro, analyzes yesterday's Fed meeting. “Due to the strength of the economy, the Fed may feel it has some leeway in when to cut rates, and it doesn't want to do so too soon. At the same time, the longer rates remain in restrictive territory, the greater the risk will be for the labor market and the economy in general,” he points out.
See original
🔥Bitcoin price remains stable after US inflation data 🚀
Today, the Consumer Price Index (CPI) data was published, where it was revealed that the #inflación fell 2.5% in August, compared to 2.9% in July. These positive macroeconomic data from the United States failed to boost the price of #Bitcoin! .
According to the report from the US Bureau of Labor Statistics, the CPI (year-on-year) fell to 2.5% in August, slowing down from 2.9% in July and in line with expectations set at 2.5%.
With this latest data collected, the Federal Reserve (#FED ) will decide on the interest rate cut on September 18. According to the fedwatch tool, there is a change in bets of #mercado on the Federal Reserve's decision, where the majority expects a reduction in interest rates of 25 basis points.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$BTC
Today, the Consumer Price Index (CPI) data was published, where it was revealed that the #inflación fell 2.5% in August, compared to 2.9% in July. These positive macroeconomic data from the United States failed to boost the price of #Bitcoin! .
According to the report from the US Bureau of Labor Statistics, the CPI (year-on-year) fell to 2.5% in August, slowing down from 2.9% in July and in line with expectations set at 2.5%.
With this latest data collected, the Federal Reserve (#FED ) will decide on the interest rate cut on September 18. According to the fedwatch tool, there is a change in bets of #mercado on the Federal Reserve's decision, where the majority expects a reduction in interest rates of 25 basis points.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$BTC
See original
STKD launches Bitcoin and gold ETF as 'debasement trade' gains steam
Fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical conflict
Will Bitcoin price crash again?
Bitcoin's inability to hold $68,000 level could be an early sign that a trend reversal is underway
Regulatory clarity is key for banks entering the crypto space, says industry executive
Bank CEO Erica Khalili on why this is not an easy time in the digital banking sector
Bitcoin hits $68,000 in attempt to break 217-day downtrend
Multiple on-chain metrics showed a surge in activity as Bitcoin price soared to $68,000, possibly signaling that price momentum is sustainable
#Bitcoin #BTC #ETFs✅ #inflación #banco $BTC
Fund touts leveraged exposure to Bitcoin and gold as investors brace for inflation and geopolitical conflict
Will Bitcoin price crash again?
Bitcoin's inability to hold $68,000 level could be an early sign that a trend reversal is underway
Regulatory clarity is key for banks entering the crypto space, says industry executive
Bank CEO Erica Khalili on why this is not an easy time in the digital banking sector
Bitcoin hits $68,000 in attempt to break 217-day downtrend
Multiple on-chain metrics showed a surge in activity as Bitcoin price soared to $68,000, possibly signaling that price momentum is sustainable
#Bitcoin #BTC #ETFs✅ #inflación #banco $BTC
See original
🔥Inflation data in the United States and how it affects Bitcoin.
Today, official data for #inflación in the United States (#CPI ) was released, where the results came out relatively better than expected. The price of #Bitcoin began to react, causing the price to retreat slightly to $59,400 so far.
According to the July CPI report in the United States, it shows that the July Y/Y CPI data reached 2.9%, a slight improvement if we consider that 3% was expected.
In addition, in June the CPI marked 3%, so we could say that there is a decrease on this side as well. This decrease in the CPI is the lowest level since March 2021.
This data could give the Federal Reserve ( #FED ) confidence to prepare an interest rate cut, which has been speculated in recent months and is what investors are waiting for.
Remember that the FED had already been saying that there could be an interest rate cut this month. On the crypto market side, a rate cut would provide an increase in market liquidity, which would be positive for Bitcoin and other cryptocurrencies.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$BTC
Today, official data for #inflación in the United States (#CPI ) was released, where the results came out relatively better than expected. The price of #Bitcoin began to react, causing the price to retreat slightly to $59,400 so far.
According to the July CPI report in the United States, it shows that the July Y/Y CPI data reached 2.9%, a slight improvement if we consider that 3% was expected.
In addition, in June the CPI marked 3%, so we could say that there is a decrease on this side as well. This decrease in the CPI is the lowest level since March 2021.
This data could give the Federal Reserve ( #FED ) confidence to prepare an interest rate cut, which has been speculated in recent months and is what investors are waiting for.
Remember that the FED had already been saying that there could be an interest rate cut this month. On the crypto market side, a rate cut would provide an increase in market liquidity, which would be positive for Bitcoin and other cryptocurrencies.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$BTC
See original
"Favourable inflation gives the green light to the ECB's historic rate cut"
Ben Laidler, global markets strategist at the eToro trading and investment platform. Laidler points out that European inflation data “gives the green light to a historic first rate cut by the ECB”, although it is likely “to be accompanied by a message to 'go slow with new cuts', until we see a more favorable price trend.” definitively towards the 2% inflation objective.”
Favorable inflation gives the green light to the ECB's historic rate cut
European inflation was slightly above expectations at 2.6%, but is still close to three-year lows and this gives the green light to a historic first rate cut by the European Central Bank (ECB) the week comes. This will act as a positive catalyst for the continent's economy and stock markets.
Inflation in May rose modestly from 2.4% the previous month, with regional unemployment near record lows and services inflation outpacing moderate pressures from goods and energy prices. Prices are well anchored in the three EU heavyweights, with Germany at 2.4%, France at 2.2% and Italy at 0.8%.
This morning's update opens the door to the ECB's first interest rate cut since 2008 at its June 6 meeting, providing crucial support to Europe's stagnant and indebted economy. This is likely to come accompanied by a 'go slow on further cuts' message, until we see a more definitive price trend towards the ECB's 2% inflation target.
This content is for informational and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is not an indication of future results. CFDs are leveraged products and carry a high risk to your capital.
#inflación #BTC #Bitcoin #Ethereum #Binance $BTC $ETH
Ben Laidler, global markets strategist at the eToro trading and investment platform. Laidler points out that European inflation data “gives the green light to a historic first rate cut by the ECB”, although it is likely “to be accompanied by a message to 'go slow with new cuts', until we see a more favorable price trend.” definitively towards the 2% inflation objective.”
Favorable inflation gives the green light to the ECB's historic rate cut
European inflation was slightly above expectations at 2.6%, but is still close to three-year lows and this gives the green light to a historic first rate cut by the European Central Bank (ECB) the week comes. This will act as a positive catalyst for the continent's economy and stock markets.
Inflation in May rose modestly from 2.4% the previous month, with regional unemployment near record lows and services inflation outpacing moderate pressures from goods and energy prices. Prices are well anchored in the three EU heavyweights, with Germany at 2.4%, France at 2.2% and Italy at 0.8%.
This morning's update opens the door to the ECB's first interest rate cut since 2008 at its June 6 meeting, providing crucial support to Europe's stagnant and indebted economy. This is likely to come accompanied by a 'go slow on further cuts' message, until we see a more definitive price trend towards the ECB's 2% inflation target.
This content is for informational and educational purposes only and should not be considered investment advice or an investment recommendation. Past performance is not an indication of future results. CFDs are leveraged products and carry a high risk to your capital.
#inflación #BTC #Bitcoin #Ethereum #Binance $BTC $ETH
See original
The rise in the price of torrijas moderates and has increased by only 2.4% in the last year
By Javier Molina, senior markets analyst for eToro
Although inflation continues to take its toll on consumers' pockets, the strong advance is slowing down little by little. Spaniards who decide to cook one of the most typical foods of Holy Week will see this trend reflected when they go to the supermarket.
The price of cooking a torrija has increased by 2.4% in the last year (1), compared to the increase of 29.3% registered between 2022 and 2023 and the accumulated increase of 87.5% between January 2021 and March of the year past.
Although inflation continues to take its toll on consumers' pockets, the strong advance is slowing down little by little. Spaniards who decide to cook one of the most typical foods of Holy Week will see this trend reflected when they go to the supermarket.
The price of cooking a torrija has increased by 2.4% in the last year (1), compared to the increase of 29.3% registered between 2022 and 2023 and the accumulated increase of 87.5% between January 2021 and March of the year past.