Inflation is rising, but wages less so. This is the conclusion drawn from the Collective Bargaining Agreements Statistics published every month by the Ministry of Labour. Last week the main unions, CCOO and UGT, warned of imminent conflict in view of workers' loss of purchasing power. The truth is that wage revisions agreed through agreements have averaged 2.45% up to June, slightly above the revision recorded up to May (2.42%), but well below the general inflation rate general inflation in the sixth month of the year (10.2%), as well as the underlying inflation rate (5.5%).

With the outbreak of the pandemic, we discovered the virtues of working from home. One, of course, is that it helped sustain the economy in a situation of extreme crisis. Another, more subtle, is that we have learned that there are many, though not all, tasks where we can save ourselves the trouble of commuting and, by working from home, not lose effectiveness. Especially if the domestic conditions are suitable: availability of an office, children at school, etc. This has accelerated the realisation that the possibilities of teleworking in normal situations are greater than we had suspected.