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FOOD PRICES IN ARMENIA RISING THREE TIMES FASTER THAN SALARIES
PanARMENIAN.Net
August 2, 2011
PanARMENIAN.Net - Consumer prices index in January - July 2011 as
against similar period of 2010 amounted to 109,4% (9,4% inflation),
moreover food prices rate totaled 15,4%, according to Gurgen
Martirosyan, head of Price Statistics and International Comparisons
Division at the RA National Statistics Service.
Martirosyan stressed that the growth of salaries in June 2011 as
against June 2010 stood at 4,9%.
"3$ deflation was recorded at consumers market in July as compared to
June. Besides, food products prices drop comprised to 5,9%, first of
all, due to fall in vegetable, potato and fruit prices," the expert
told a press conference in Yerevan.
Martirosyan also noted that, traditionally, consumers market undergoes
deflation in July and August. Particularly, from 1994, a deflation
was fixed in July, while in August starting from 1997 up to 2009,
the exception was only 2010.
PanARMENIAN.Net
August 2, 2011
PanARMENIAN.Net - Consumer prices index in January - July 2011 as
against similar period of 2010 amounted to 109,4% (9,4% inflation),
moreover food prices rate totaled 15,4%, according to Gurgen
Martirosyan, head of Price Statistics and International Comparisons
Division at the RA National Statistics Service.
Martirosyan stressed that the growth of salaries in June 2011 as
against June 2010 stood at 4,9%.
"3$ deflation was recorded at consumers market in July as compared to
June. Besides, food products prices drop comprised to 5,9%, first of
all, due to fall in vegetable, potato and fruit prices," the expert
told a press conference in Yerevan.
Martirosyan also noted that, traditionally, consumers market undergoes
deflation in July and August. Particularly, from 1994, a deflation
was fixed in July, while in August starting from 1997 up to 2009,
the exception was only 2010.