Consumer Prices Grow 2.% in Armenia in August 2006 on December 2005

CONSUMER PRICES GROW 2.% IN ARMENIA IN AUGUST 2006 ON DECEMBER 2005

YEREVAN, SEPTEMBER 1, NOYAN TAPAN. The index of consumer prices made
102.7% in Armenia in August 2006 on December 2005, 101.5% in
January-August 2006 on January-August 2005, 107.2% – on August 2005,
and 102.8% – on the year 2005. The average monthly growth of consumer
prices in January-August 2006 made 0.3% against a 0.5% decline in the
same period of last year. Accoprding to the RA National Statistical
Service, a 0.9% price fall on the Armenian consumer market was
registered in August on July 2005, which was greatly conditioned by
seasonal fluctuations in the prices of some foodstuffs. A 1.8% fall in
the prices of foodstuffs (including alcoholic drinks and cigarettes)
was registered in the country in August on July 2006. Over the same
period, there was a 0.4% growth in the prices of non-food commodities,
and a 0.2% decline in service tariffs. The price index of foodstuffs
(including alcoholic drinks and cigarettes) made 102%, that of
non-food commodities – 102.7% and the index of service tariffs –
103.8% in August 2006 on December 2005. The price index of foodstuffs
(including alcoholic drinks and cigarettes) made 108%, that of
non-food commodities – 105.3%, the index of service tariffs – 104.5%
in August 2006 on August 2005, the same indices made 101.3%, 103.5%
and 103.5% in January-August 2006 on the same months of 2005. The
price index of foodstuffs (including alcoholic drinks and cigarettes)
made 101.3%, that of non-food commodities – 104.6%, and the index of
service tariffs – 104.4% in August 2006 on the year 2005.