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Armenia's consumer prices rise 0.7 percent in August

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  • Armenia's consumer prices rise 0.7 percent in August

    Armenia's consumer prices rise 0.7 percent in August


    YEREVAN, September 1. /ARKA/. Consumer prices rose by 0.7% in Armenia
    in August compared to the month before, ArmStat reported.

    The increase was mainly caused by 2.2% rise in prices for services,
    according to the report.

    Prices for foodstuffs (including alcohol and tobacco) hiked by 1.1% in
    the period, nonfood prices dropped by 0.3%.

    The year-on-year consumer price index was 100.8% in August. Price
    index was 100.3% for foods (including alcohol and tobacco), 100.7% for
    nonfoods and 101.8% for services.

    The 2014 budget projection for inflation is 4% (±1.5%). -0--


    http://arka.am/en/news/economy/armenia_s_consumer_prices_rise_0_7_percent_in_augu st/#sthash.1aWAMDu5.dpuf




    From: A. Papazian
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