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12-month inflation makes 3.4% in Armenia

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  • 12-month inflation makes 3.4% in Armenia

    12-month inflation makes 3.4% in Armenia

    YEREVAN, MAY 30, NOYAN TAPAN. The consumer price index made 103.4% in
    Armenia in May 2009 compared to May 2008, including the index of food
    commodities (including cigarettes and alcoholic drinks) - 99.8%, of
    non-food commodities - 104.1%, of service tariffs - 109.8%. The same
    indices made 102.5%, 99.1%, 100.6%, and 110% in January-May 2009 on
    January-May 2008.

    According to the RA National Statistical Service, the consumer price
    index made 105.5% in May 2009 compared to December 2008, including the
    index of food commodities (including cigarettes and alcoholic drinks) -
    104.4%, of non-food commodities - 106.9%, and service tariffs - 106.9%.

    6.3% overall inflaton was recorded in Armenia's consumer market in
    March-May 2009, with 1.6% inflation in May as compared to April. Prices
    of food commodities (including cigarettes and alcoholic drinks) rose by
    2.1%, of non-food commodities - by 2.6%, and tariffs of services grew
    by 0.2% in May on April 2009.

    The average monthly growth of consumer prices made 1.1% in January-May
    2009, which was lower by 0.3% than the respective index of the same
    period of 2008 (1.4%).

    The consumer price index made 124.7% in May 2009 on May 2005, including
    the index of food commodities (including cigarettes and alcoholic
    drinks) - 125.3%, of non-food commodities - 112.5%, and of service
    tariffs - 130%.
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