Monday, September 06, 2004

Moscow deflation at 0.1% in August vs. 0.4% inflation in Russia; St. Petersburg prices rose 0.3%.


Moscow deflation stood at 0.1% in August vs. 0.4% Russia's inflation, according to the Federal State Statistics Service. St. Petersburg prices increased 0.3% in August.

Moscow consumer prices have risen 7.9% from early this year, St. Petersburg prices were up 8.7% vs. 7.6% Russia's average.

The cost of Moscow min. food basket lowered 3.3% in August but widened 4.9% from early this year to stand at 1,440.8 rbl. St. Petersburg min. food basket lost 1.9% in August but increased 6.2% from early this year to a total of 1,282.6 rbl.

Read the article at GatewaytoRussia.com

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