Spain registers 3.3 pct inflation in March

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Spain registers 3.3 pct inflation in March

STORY: Spain registers 3.3 pct inflation in March DATELINE: April 15, 2023 LENGTH: 00:01:37 LOCATION: Madrid CATEGORY: ECONOMY SHOTLIST: 1. various of food markets 2. various of cars at Puerta de Alcala, center of Madrid 3. various of energetic consumption at home STORYLINE: The annual inflation in Spain stood at 3.3 percent in March, the lowest level since August 2021, according to data published by the Spanish National Institute of Statistics (INE) on Friday. However, the prices of food and non-alcoholic beverages continue to climb, with a 16.5 percent increase recorded in March, mainly due to increases in the cost of vegetables and meat. Meanwhile, core inflation, which doesn't include the price of unprocessed food or energy products, dropped by 0.1 percent to 7.5 percent - 4.2 points above the general rate of inflation. According to the country's Ministry for Economic Affairs, Spain has one of the lowest inflation rates in Europe. Xinhua News Agency correspondents reporting from Madrid. (XHTV)

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