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1.9% Inflation Rate Recorded In Armenia's Consumer Market In Feb 201

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  • 1.9% Inflation Rate Recorded In Armenia's Consumer Market In Feb 201

    1.9% INFLATION RATE RECORDED IN ARMENIA'S CONSUMER MARKET IN FEB 2011

    PanARMENIAN.Net
    March 3, 2011 - 16:17 AMT 12:17 GMT

    The National Statistical Service reported that 1.9% inflation rate
    was recorded in Armenia's consumer market in February compared to
    January 2011.

    The inflation is basically conditioned by 1.5% and 3.4% growth in
    prices for foodstuff (including alcoholic beverages and cigarettes)
    and tariffs for services respectively. Prices for non-foods also grew
    by 0.6% during the reporting period.

    The index of consumer prices made 112.4% in February 2011 as compared
    with the same period in 2010.

    The index of prices for foodstuff (including alcoholic beverages and
    cigarettes) amounted to 117.3%, non-foods - 105.4%, services - 107.5%.

    In January-February 2011, the index of consumer prices made 111.5%
    compared to the same period in 2010, including the index of prices
    for foodstuff - 116.5%, non-foods - 105.3%, services - 106.1%.




    From: A. Papazian
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