Consumer Prices Grow By 4.2% In Armenia In May 2007 On December 2006

CONSUMER PRICES GROW BY 4.2% IN ARMENIA IN MAY 2007 ON DECEMBER 2006

Noyan Tapan
Jun 01 2007

YEREVAN, JUNE 1, NOYAN TAPAN. The index of consumer prices made 104.2%
in Armenia in May 2007 on December 2006, including the index of prices
of food commodities (including alcoholic drinks and cigarettes) –
106.9%, of non-food commodities – 100.6%, of service tariffs – 101.3%.

According to the RA National Statistical Service, a 2.1% inflation
was registered in the Armenian consumer market in May on April 2007:
prices of food commodities (including alcoholic drinks and cigarettes)
increased by 3.6%, a 0.8% inflation was registered in the non-food
commodity market. Tariffs of services remained unchanged in the
indicated period.

The average monthly increase of consumer prices in January-May 2007
made 0.8%, which is lower by 0.3 percentage points than the respective
index of the same period of last year (1.1%).

The index of consumer prices made 103.8% in May 2007 on May 2006,
including that of food commodities (including alcoholic drinks and
cigarettes) – 104.5%, of non-food commodities – 99.2%, of service
tariffs – 105.1%, while the indices of January-May 2007 on January-May
2006 made 104.5%, 105.5%, 99.5% and 105.3% respectively.