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Prices Of Imported Goods Rose

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  • Prices Of Imported Goods Rose

    PRICES OF IMPORTED GOODS ROSE

    Prices of imported goods and services if converted to a US dollar
    amount rose by 2.8% in the first quarter of 2013 compared with last
    year, the Central Bank report states. In the fourth quarter of 2012
    it was 2.2%. According to the report, the rise of prices of imported
    goods and services were prompted by depreciation of the US dollar in
    the first quarter of 2013. At the same time, the increase of prices
    compared to the same period last year was mainly due to increase of
    prices of consumer goods. The report states that the 2.8% increase of
    prices of imported goods and services and a 5.1% drop in the exchange
    rate of USD in the reporting period pushed the cost of goods included
    in the subsistence basket by 7.1% from the same period in 2012. ($
    1 is equal to AMD 414.14).

    ARKA 12:33 11/06/2013 Story from Lragir.am News:
    http://www.lragir.am/index/eng/0/economy/view/30114

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