Such a contract would improve protection for temporary workers while somewhat lowering protection for those with permanent contracts that have been almost impossible to terminate hitherto. This addresses labour market duality12 and, coupled with unemployment insurance reform, resembles the reforms I have just outlined. But so far, the measures are still awaiting confirmation by parliament.
Nonetheless, as I will describe later, I believe that it is necessary to closely examine a wide range of price indicators, including wages, as the recent rise in the CPI for all items less fresh food and energy might only be attributable to households’ acceptance of price rises, mainly in daily necessities, brought about by the decline in energy prices.