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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