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Consumer Prices Grow by 2.4% in Armenia in January

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  • Consumer Prices Grow by 2.4% in Armenia in January

    CONSUMER PRICES GROW BY 2.4% IN ARMENIA IN JANUARY

    YEREVAN, FEBRUARY 1, NOYAN TAPAN. A 2.4% inflation was registered in
    the Armenian consumer market in January 2007 on December 2006, which
    is by 0.1% lower than the respective index of last year
    (2.5%). According to the RA National Statistical Service, the
    inflation is mainly the result of seasonal fluctuations in prices of
    some foodstuffs.

    The growth in prices of food commodities (including alcoholic drinks
    and cigarettes) made 4.5% in January 2007 on December 2006. The level
    of non-food commodities' prices fell by 0.8% in the indicated period,
    and a 0.4% increase of tariffs was registered in the service sector.

    The consumer price index made 105.1% in January 2007 on December 2006,
    including that of food commodities (including alcoholic drinks and
    cigarettes) - 106.4%, of non-food commodities - 99.8% and of service
    tariffs - 105.5%.
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