Food prices in Spain up 15.4 percent in October

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Food prices in Spain up 15.4 percent in October

STORY: Food prices in Spain up 15.4 percent in October DATELINE: Nov. 17, 2022 LENGTH: 00:01:01 LOCATION: Madrid CATEGORY: ECONOMY SHOTLIST: 1. various of the supermarket 2. SOUNDBITE (Spainish): NADIA CALVINO, First Deputy Prime Minister of Spain and Minister for Economy and Digitalization 3. various of the supermarket STORYLINE: Food prices in Spain went up 15.4 percent year on year in October. That's according to the latest data released by the National Statistics Institute. Sugar prices saw the largest increase, which climbed by 42.8 percent. The level of core inflation, which excludes fresh food and energy prices, remained at 6.2 percent. SOUNDBITE (Spainish): NADIA CALVINO, First Deputy Prime Minister of Spain and Minister for Economy and Digitalization "I would expect inflation to remain in Spain at around this level until the end of the year and for us to resume the downward path in 2023." Xinhua News Agency correspondents reporting from Madrid. (XHTV)

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