Armenian consumers will benefit from summer price decrease

[Tvankchian Parkev]

Armenian consumers will benefit from summer price decrease
01.08.2009 13:27 GMT+04:00

/PanARMENIAN.Net/ Within recent months a tendency towards price slump
is registered at Armenian consumer market, connected with seasonal
price fluctuations on some consumer goods.
According to National Statistic Service data, a 3% decrease in
consumer price index is registered in June-July 2009, with 2.7% index
slump in July compared with June results.
In July 2009 food products index (including tobacco and alcoholic
beverages) fell by 5.2%, non-food products and services index grew by
0.5% and 0.1% accordingly, compared with June results.
In January-July 2009 average monthly increase of consumer prices
comprised 0.3%, which is 0.3% lower than last years results (0.6%).
In July 2009, compared with December 2008, consumer price index
comprised 2.4%, including food products prices (including tobacco and
alcoholic beverages) -97.7%, non-food products prices -9.6% and
services - 7.4%.
In July 2009, compared with July 2008, consumer price index comprised
3.1%, including food products prices (including tobacco and alcoholic
beverages) -99%, non-food products prices -4.6%, and services -
9.7%. Consumer price index for January-July 2009 compared with
January-July 2008 results was fixed at 2.7%, 99.2% and 10%
accordingly.