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The Spanish statistical office INE released its preliminary consumer price inflation data on Friday. Consumer price inflation in Spain was down 0.3% in August, after a 0.9% drop in July.
On a yearly basis, consumer prices fell by 0.4% in August from a year ago, after a 0.1% rise in July.
The decline was mainly driven by the decline in the prices of fuels (gas and diesel oil) and electricity.
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