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Consumer Price Index 107.6% In Armenia In Jan-May

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  • Consumer Price Index 107.6% In Armenia In Jan-May

    CONSUMER PRICE INDEX 107.6% IN ARMENIA IN JAN-MAY

    news.am
    June 14 2010
    Armenia

    The RA Statistical Service has published information on prices in
    Armenia this January-May.

    According to the information, the consumer price index showed a 7.6%
    rise this January-May as compared with last January-May.

    This January, the consumer price index was 7% and reached 8.4% for
    this January-March. This January-April it was 8%, which seems to be
    evidence of stable prices.

    On the other hand, the dynamics of monthly prices shows a somewhat
    different picture. As compared with last December (when the highest
    prices are normally registered), the consumer price index showed
    a 4.2% rise this April, a 5.3% rise this May, which is evidence of
    rising prices.

    A 13.8% rise in prices for fuel, energy, as well as a higher rent
    price, contributed to a rise in consumer prices. A "record" was set
    by the ArmRusgasprom company, which raised the gas price from April 1.

    A 5.5% rise in food prices was registered this January-May as compared
    with last January-May. A 1.3% rise in prices for alcoholic beverages
    and tobacco was registered as well.

    As regards clothing and footwear, an 11.4% price rise was registered
    as compared with last January-May. The prices for medical services
    and drugs showed an 8.8% rise.




    From: A. Papazian
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