Spain's inflation remains over 10 pct in August

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Spain's inflation remains over 10 pct in August

STORY: Spain's inflation remains over 10 pct in August DATELINE: Aug. 31, 2022 LENGTH: 00:01:14 LOCATION: Madrid CATEGORY: ECONOMY SHOTLIST: 1. various of supermarket 2. various of restaurant 3. SOUNDBITE (Spanish): NADIA CALVINO, Spain's First Deputy Prime Minister and Minister for the Economy 4. various of electricity grid 5. various of metro station 6. various of street view STORYLINE: Spain's inflation rate fell by 0.4 percent to 10.4 percent in August, but remains above 10 percent for a third consecutive month, according to preliminary data published by the Spanish Statistical Office (INE) on Tuesday. The data, which will be confirmed on Sept. 13, ends a run of three consecutive months of price rises, although inflation remains in double-digits. The INE says August's slight fall in inflation is mainly due to a drop in the prices of gasoline and other liquid fuels, which offset increases in the cost of electricity, food, dining in restaurants and bars, and holidays. SOUNDBITE (Spanish): NADIA CALVIN

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