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Consumer Prices Grow 2.% in Armenia in August 2006 on December 2005

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  • Consumer Prices Grow 2.% in Armenia in August 2006 on December 2005

    CONSUMER PRICES GROW 2.% IN ARMENIA IN AUGUST 2006 ON DECEMBER 2005


    YEREVAN, SEPTEMBER 1, NOYAN TAPAN. The index of consumer prices made
    102.7% in Armenia in August 2006 on December 2005, 101.5% in
    January-August 2006 on January-August 2005, 107.2% - on August 2005,
    and 102.8% - on the year 2005. The average monthly growth of consumer
    prices in January-August 2006 made 0.3% against a 0.5% decline in the
    same period of last year. Accoprding to the RA National Statistical
    Service, a 0.9% price fall on the Armenian consumer market was
    registered in August on July 2005, which was greatly conditioned by
    seasonal fluctuations in the prices of some foodstuffs. A 1.8% fall in
    the prices of foodstuffs (including alcoholic drinks and cigarettes)
    was registered in the country in August on July 2006. Over the same
    period, there was a 0.4% growth in the prices of non-food commodities,
    and a 0.2% decline in service tariffs. The price index of foodstuffs
    (including alcoholic drinks and cigarettes) made 102%, that of
    non-food commodities - 102.7% and the index of service tariffs -
    103.8% in August 2006 on December 2005. The price index of foodstuffs
    (including alcoholic drinks and cigarettes) made 108%, that of
    non-food commodities - 105.3%, the index of service tariffs - 104.5%
    in August 2006 on August 2005, the same indices made 101.3%, 103.5%
    and 103.5% in January-August 2006 on the same months of 2005. The
    price index of foodstuffs (including alcoholic drinks and cigarettes)
    made 101.3%, that of non-food commodities - 104.6%, and the index of
    service tariffs - 104.4% in August 2006 on the year 2005.
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