SPANISH ECONOMY -2010 TARIFFS
The new year will see increases that greatly exceed inflation.
o Electricity will rise by 2.6% but gas prices will freeze
o High-speed and long-distance train tickets will go up by 4%, while commuter-train tickets will rise by 6%
o The minimum salary will rise 1.5% and pensions by 1%
Electricity
For most users electricity will go up by 2.6%, as oppose to an increase of 0.3% in inflation, which means that average consumer will pay 89 cents more a month.
Gas
However, not all the prices are going up in 2010. The cost of some services, such as gas, remains stable.
Butane gas
This fuel will rise by 3.4% to 11.05 euros. This means that a 12.5 kilo bottle will cost 36 cents more, a rise which will affect between eight to ten million people in Spain.
Trains
Renfe is putting up the price of tickets for high-speed and long-distance trains (Alvis, Alaris and Altaria, among others) by 4% in 2010.
Tolls
However 2010 is not just about price increases, some prices are going down. This is the case for motorways run by the General State Administration, where tolls will fall slightly from between 0.05% to 0.48%, starting from Friday.
Landline telephony
With regard to telecommunications, the Telecommunications Market Commission (CMT) has decided to freeze Telefonica’s monthly fee of 13.97 euros (plus VAT), charged for maintaining a landline, for the second year running, which will help reduce price differences with respect to the European average.
Mail
A price rise of 6.25% means that sending a letter inside Spain will cost two cents more. Letters and postcards weighing up to 20 grams will need a 34 cent stamp instead of a 32 cent stamp. Mail weighing between 20 to 50 grams will also go up by two cents, to 45 cents.
International mail tariffs will not change, except for those with a European destination. In this case the price will go up by two cents both for ordinary mail (to 64 cents) and also registered mail (to 2.88 euros).
Pensions and minimum salary
The new year will also include a pensions adjustment, whereby contributory pensions will rise by 1%, and minimum pensions from 2% to 4.87%.
The minimum guaranteed inter-professional salary will be fixed at 633.30 gross euros a month, an increase of 1.5% on this year.
Credit: http://www.spainsolicitors.com/
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