Falling food prices in Spain hit Q2 sales at Dia
date:Jul 29, 2014
ery in volumes (in Spain) are already being observed, the company said in a statement.

In Portugal, Dia substantially improved like-for-like sales during the second quarter, despite the complicated market conditions.

The company's gross margin was stable at 21.5 percent in the first half as Dia cut operating expenses by 14.6 percent in a context of a strong fall in food prices, Chief Executive Ricardo Curras said in the statement.

Consumer prices in Spain rose just 0.1 percent in June from a
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