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9% YEAR-ON-YEAR INFLATION RECORDED IN ARMENIA IN EARLY MAY
/ARKA/
June 1, 2011
YEREVAN
YEREVAN, June 1. /ARKA/. On Wednesday, Gurgen Martirosyan, chief of
National Statistical Service's price division, speaking at a news
conference, said 9% year-on-year inflation was recorded in Armenia
in early May, 2011.
"Prices for foods rose 16.2%, for nonfoods 2.4% and for services 2.5%,"
he said.
The highest price rise was seen in bread-producing area - 16.9%,
dairy 22.4%, vegetables and potatoes 35.4%, fruits 19.9%, eggs 20.5%
and meat 9%. Other products became 0.4-0.6% cheaper in early May.
Martirosyan said that 0.04% inflation was reported this May, compared
with the previous month.
"Food prices remained unchanged, while prices for nonfoods went 0.5%
up over one month," he said.
Services became 0.1% cheaper in May, compared to April. Martirosyan
said 0.1 to 1.3% inflation was seen in seven of 13 kinds of foods
under review. In three groups of products, prices went 2.1-0.2% down,
and in the remaining groups they remained pegged.
Meat prices rose 0.5%, vegetable oil and butter prices went 1.1% up,
sugar prices climbed 1.3% and coffee, tea and cocoa prices 0.1%.
Prices for dairy products rose 0.5% and confectionery 0.2%. Instead,
fishes became 0.2% cheaper, vegetables and potatoes 2.1% and salt
and pepper 0.2%.
/ARKA/
June 1, 2011
YEREVAN
YEREVAN, June 1. /ARKA/. On Wednesday, Gurgen Martirosyan, chief of
National Statistical Service's price division, speaking at a news
conference, said 9% year-on-year inflation was recorded in Armenia
in early May, 2011.
"Prices for foods rose 16.2%, for nonfoods 2.4% and for services 2.5%,"
he said.
The highest price rise was seen in bread-producing area - 16.9%,
dairy 22.4%, vegetables and potatoes 35.4%, fruits 19.9%, eggs 20.5%
and meat 9%. Other products became 0.4-0.6% cheaper in early May.
Martirosyan said that 0.04% inflation was reported this May, compared
with the previous month.
"Food prices remained unchanged, while prices for nonfoods went 0.5%
up over one month," he said.
Services became 0.1% cheaper in May, compared to April. Martirosyan
said 0.1 to 1.3% inflation was seen in seven of 13 kinds of foods
under review. In three groups of products, prices went 2.1-0.2% down,
and in the remaining groups they remained pegged.
Meat prices rose 0.5%, vegetable oil and butter prices went 1.1% up,
sugar prices climbed 1.3% and coffee, tea and cocoa prices 0.1%.
Prices for dairy products rose 0.5% and confectionery 0.2%. Instead,
fishes became 0.2% cheaper, vegetables and potatoes 2.1% and salt
and pepper 0.2%.