MADRID, 10 Jun. (EUROPA PRESS) –

The Second Vice President and Minister of Labor, Yolanda Díaz, has reiterated that the large energy companies must be the ones that “contribute the most” to alleviate inflation, which in May reached 8.7%, as confirmed this Friday by the National Institute of Statistics (INE).

Díaz has affirmed that the “main problem” that Spain, Europe and the world are having at the moment is inflation. “It is out of control and we have to be aware that we are in a war, so the consequences are being very harsh everywhere,” he pointed out at the entry of the presentation of the study ‘Employment repercussions of algorithms’.

The minister has also pointed out that the Government is acting “strongly” against inflation, but “one more step must be taken”, for which she proposes to act against the “absolutely historic” benefits that corporations are having.

“The time has come for those who have the most to be the ones who contribute the most to Spanish society, so we must continue to take steps and offset the inflation that workers have,” he concluded.

The Consumer Price Index (CPI) rose 0.8% in May in relation to the previous month and increased its interannual rate four tenths, up to 8.7%, due to the higher price of gasoline, restaurants and foods.

The latter marked their largest increase since January 1994, with a year-on-year rise of 11%, according to data published this Friday by the National Institute of Statistics (INE), which confirms those advanced at the end of last month.

In this way, inflation resumes its increases in May this month after it moderated in April by 1.5 points of blow, reaching 8.3%. The data for May is 1.1 points below the peak in March, when the CPI reached 9.8%, its highest rate in almost 37 years.