Банкеръ Weekly

Briefs

0.6% DEFLATION REPORTED IN MAY

The National Statistics Institute (NSI) reported 0.6% deflation in May. Prices rose 1.7% within the last 12 months. Deflation in May was due to the decreased prices of foodstuffs, by 0.8%, and of non-foods, by 1.2%, from April 2003. Prices of catering establishments and services rose...
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