Thursday, August 11, 2016

Alexey Lossan — Russia facing deflation for first time in 5 years

Rosstat, the state statistics agency, has provided figures in the beginning of August to indicate that Russia is now encountering deflation. The figures show a drop in prices of consumer goods.
Prices have fallen by 0.1 percent in the first week of the month.…
Russia & India Report
Russia facing deflation for first time in 5 years
Alexey Lossan

2 comments:

Matt Franko said...

" 0.1 percent" = noise

Michael Norman said...

Austerity. Fucking idiot neoliberal economic policy makers. Putin should get rid of them, but he's just as confused as they are.