Rosstat recorded monthly deflation at the end of June
According to the results of June, Rosstat, as expected, recorded deflation at 0.35%. Food prices fell 1.1% last month, the first food deflation since August 2021. Deflation in June is the first time on record since 1991. In annual terms, inflation slowed to 15.9% from 17.1% in May. In June, prices for fruits and vegetables decreased significantly - by 9.57%. Added to this was a drop in prices for non-food products (by 0.41%).