News agency names only European country with falling food prices ...News

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News agency names only European country with falling food prices
source : Russia Today ( News ) () 38
Russia has recorded a deflation in food prices for two consecutive months Russia was the only European country last month to record a drop in food prices, sometimes referred to as deflation, RIA Novosti reported on Sunday. The news agency cited calculations based on figures from the national statistics offices of 40 European countries that disclosed data for May in early June. According to the data, prices for food and non-alcoholic beverages in Russia fell by a record 1.12% in annual terms. This was the second consecutive month when prices on these groups of products displayed deflation – in April they’d fallen 0

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