Price of a single ticket goes up

As of Monday 8th August, single trip tickets on Madrid's metro and bus networks will rise from 1€ to 1,50€. This is because the local government can no longer afford to subsidise ticket costs and want to encourage people to become regular users of the public transport network and buy multiple journey tickets and monthly passes instead. For the moment all other tickets including the 10 trip ticket, the monthly 'abono' and the tourist passes will remain at the same price. This price rise is the first for the single ticket since 2003 and it is now the most expensive single on any urban transport network in Spain.