Falling food prices in Spain hit Q2 sales at Dia
date:Jul 29, 2014
rs in the teeth of high unemployment, stagnant wages and higher taxes.

Iberian markets accounted for 66.5 percent of gross sales in the first half, up from 52.5 percent a year earlier.

Total sales for the quarter ending June 30 fell 2.9 percent to 2.0 billion euros ($2.7 billion), while net profit, adjusted after the company sold its loss-making French unit to Carrefour in June, rose 2.6 percent to 62.4 million euros.

Like-for-like sales rose 20.5 percent in emerging markets Argentina, Brazil
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