September 29, 2012

Spain Misery Index

Below the last Misery Index, defined as the combination of inflation and unemployment.

Following this week announcement of a surge in Spanish inflation which soared from 2.7% to 3.5%, it is clear that the Misery in Spain has never been higher.

... which for some context - is double the misery of the average European or Italian and triple that of an American...

Charts: Bloomberg

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