6% INFLATION REGISTERED IN ARMENIAN CONSUMER MARKET IN JANUARY-APRIL 2008

Noyan Tapan
May 1, 2008

YEREVAN, MAY 1, NOYAN TAPAN. 6% inflation was registered in Armenia's
consumer market in January-April 2008. Inflation in April on March
made 1.1%.

According to the RA National Statistical Service, prices of food
commodities (including alcoholic drinks and cigarettes) grew by 0.5%,
prices of nonfood commodities - by 0.6%, tariffs of services - by 2.6%
in April on March 2008.

Inflation tendency in prices of bread, flour, butter and vegetable
oil continued in April. These goods make up 13.91% of the consumer
basket. Their overall inflation made 6%, contributing by 0.8% to
overall inflation of consumer prices in April.

The consumer price index made 106% in April 2008 on December 2007,
including the index of food commodity prices (including alcoholic
drinks and cigarettes) - 107%, of nonfood commodities - 101.6%,
the index of service tariffs - 106.3%.

The consumer price index made 110.7% in April 2008 on April 2007,
including that of food commodities (including alcoholic drinks
and cigarettes) - 113.8%, of nonfood commodities - 104.4%, of
service tariffs - 108.3%. The same indices in January-April 2008 on
January-April 2007 made 108.6%, 111.4%, 104.5% and 105.4% respectively.