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Price Rise In Armenia'S Consumer Market

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  • Price Rise In Armenia'S Consumer Market

    PRICE RISE IN ARMENIA'S CONSUMER MARKET

    Tert.am
    31.10.11

    A 0.3% price rise was registered in Armenia's consumer market this
    October as compared with this September.

    The Statistical Service of Armenia reports a 0.3% rise in food
    prices (including prices for alcoholic drink and tobacco), a 0.9%
    rise in nonfood prices and a 0.1% rise in prices for services. This
    January-October, consumer prices showed an average monthly rise of 0.1%
    - a 0.5% decrease as compared with last year's correspondent index
    (0.6%).

    This October, the consumer price index was 105.7% as compared with last
    October. In the case of food products (including alcoholic beverages
    and tobacco) the consumer price index was 108.5%, and in the case of
    nonfood products 103.9%. In the case of services, the consumer price
    index was 102%. This Jan-Oct, the consumer price index was 108.3%,
    112.3%, 103.2% and 103.8% respectively as compared with last Jan-Oct.

    This October, the consumer price index reached 105.1%. In the case
    of food products, it was 104.3% and in the case of services 103.9%.

    This Oct. the US dollar showed appreciation. This Oct 1 to 28, the
    AMD exchange rate against the USD showed a 1.1% rise. This October,
    consumer prices and the AMD exchange rate against the USD showed a
    respective rise of 0.9% and 4.4% rise as compared with last December.

    Consumer prices showed a 5.8% rise, and the AMD showed 5.3%
    depreciation against the USD as compared with the corresponding period
    last year. This October, the AMD/USD exchange rate was AMD 376.45/$1
    against AMD 360.28/$1 last October.

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