MarketsNotableSingle-source
5.1
Spanish wage deals lag CPI at 3.04% vs 4.3% inflation, eroding purchasing power
ExpansiónLO·ES·about 4 hours ago
Revolut highlights that uninvested cash loses 270 euros per 10,000 euros annually due to inflation, underscoring the opportunity cost of holding idle balances. The figure implies a ~2.7% annual inflation drag, consistent with current euro-area inflation trends. This is a promotional data point from a fintech firm, not a new economic indicator, but it reinforces the case for cash deployment into yield-bearing assets.