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CONSUMER PRICES BOOST IN ARMENIA
news.am
March 10 2010
Armenia
The RA Statistical Service reported the consumer price index reached
108.2% this January-February as compared with the corresponding period
last year. The prices for almost all goods and services showed an
upward tendency - a 5.1% rise for food, 10% rise for clothing and
footwear, a 10.4% rise for paid services. The price for meat products
showed an 8.8% rise and that for fish products a 60.3% rise.
On the other hand, the prices for eggs and soft drinks fell by 12.3%
and 0.1% respectively. The sugar price rose by 34.8%, with actually
only one importing sugar to Armenia. To the joy of smokers and drinker,
the prices for tobacco and hard drinks rose by only 1.6%.
This price rise is not a specific feature of the period under review.
Rather, it was a logical result of last year's trends. This February,
a 2% price rise was registered as compared with last December.
The rise in the gas price scheduled for April 1 will inevitably cause a
further rise in the prices for other products. As a result, the social
conditions of the Armenian population, particularly of the 500,000
pensioners and other socially vulnerable groups, will get even worse.
news.am
March 10 2010
Armenia
The RA Statistical Service reported the consumer price index reached
108.2% this January-February as compared with the corresponding period
last year. The prices for almost all goods and services showed an
upward tendency - a 5.1% rise for food, 10% rise for clothing and
footwear, a 10.4% rise for paid services. The price for meat products
showed an 8.8% rise and that for fish products a 60.3% rise.
On the other hand, the prices for eggs and soft drinks fell by 12.3%
and 0.1% respectively. The sugar price rose by 34.8%, with actually
only one importing sugar to Armenia. To the joy of smokers and drinker,
the prices for tobacco and hard drinks rose by only 1.6%.
This price rise is not a specific feature of the period under review.
Rather, it was a logical result of last year's trends. This February,
a 2% price rise was registered as compared with last December.
The rise in the gas price scheduled for April 1 will inevitably cause a
further rise in the prices for other products. As a result, the social
conditions of the Armenian population, particularly of the 500,000
pensioners and other socially vulnerable groups, will get even worse.