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12-Month Growth Of Consumer Prices Makes 10.7% In Armenia

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  • 12-Month Growth Of Consumer Prices Makes 10.7% In Armenia

    12-MONTH GROWTH OF CONSUMER PRICES MAKES 10.7% IN ARMENIA

    Noyan Tapan
    http://www.nt.am/news.php?shownews=116229
    Au gust 1, 2008

    YEREVAN, AUGUST 1, NOYAN TAPAN. 7.4% inflation in Armenian consumer
    market in January-May 2008 was followed by a 2.7% fall of prices
    in June-July.

    Prices fell by 2.2% in July on June.

    According to the RA National Statistical Service, prices of foodstuffs
    (including alcoholic drinks and cigarettes) fell by 4.4% in the
    indicated period, while prices of non-food commodities and service
    tariffs grew by 0.7% and 0.4% respectively.

    The consumer price index made 104.5% in July 2008 as compared with
    December 2007, including the index of food commodities (including
    alcoholic drinks and cigarettes) - 102%, that of non-food commodities -
    104.9%, and service tariffs - 109%.

    The average monthly growth of consumer prices made 0.6% in January-July
    2008, which exceeded the respective index of the same period of last
    year by 0.5%.

    The consumer price index (12-month inflation rate) made 110.7%
    in July 2008 on July 2007, including the index of food commodities
    (including alcoholic drinks and cigarettes) - 111.6%, of non-food
    commodities - 106.9%, service tariffs - 111.1%. The same indices in
    January-July 2008 on January-July 2007 made 109.2%, 111.2%, 105.1%
    and 107.7% respectively.
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