Consumer Prices Grow By 3.9% In June 2007 As Compared With December

CONSUMER PRICES GROW BY 3.9% IN JUNE 2007 AS COMPARED WITH DECEMBER OF PREVIOUS YEAR IN ARMENIA

Noyan Tapan
Jul 10, 2007

YEREVAN, JULY 10, NOYAN TAPAN. In June 2007, as compared with 2006,
the consumer prices index in Armenia made 103.9%, including that
of foodstuffs (including alcoholic drinks and cigarettes) 106.3%,
non-foodstuffs 100.8%, and tariffs for services 101.3%.

According to the data of the RA National Statistical Service, a 0.3%
fall in prices was registered on the RA consumer market in June 2007,
as compared with May, which is mainly the result of seasonal changes
in prices for some kinds of goods. Meanwhile, a considerable growth
in prices for some kinds of baked products was registered in the
country (the total growth in prices for grain, bread, and flour made
9.5%). Having a 11.5% total share in the consumer basket, the growth
in prices for the above mentioned kinds of goods contributed to growth
in consumer prices by 1.3 percent. Without the price changes of the
above mentioned kinds of goods, the consumer prices index in Armenia
would make 98.7%.

A 0.6% fall in prices for foodstuffs (including alcoholic drinks
and cigarettes) was registered in June 2007, as compared with May,
in the country. The prices for non-foodstuffs in the above mentioned
period grew by 0.2%, and tariffs for services were kept unchanged.

In 2007 January-June the average monthly growth in consumer prices
made 0.6%, which is lower than the same index of the previous year
by 0.1 percent (0.7%).

In 2007 June, as compared with 2006 June, the consumer prices index
made 104.8%, including that of foodstuffs (including alcoholic drinks
and cigarettes) 106.2%, non-foodstuffs 99.1%, tariffs for services
105.3%, and in January-June, compared with January-June 2006, 104.5%,
105.6%, 99.4%, and 105.3%, respectively.

YEREVAN, JULY 10, NOYAN TAPAN. In June 2007, as compared with 2006,
the consumer prices index in Armenia made 103.9%, including that
of foodstuffs (including alcoholic drinks and cigarettes) 106.3%,
non-foodstuffs 100.8%, and tariffs for services 101.3%.

According to the data of the RA National Statistical Service, a 0.3%
fall in prices was registered on the RA consumer market in June 2007,
as compared with May, which is mainly the result of seasonal changes
in prices for some kinds of goods. Meanwhile, a considerable growth
in prices for some kinds of baked products was registered in the
country (the total growth in prices for grain, bread, and flour made
9.5%). Having a 11.5% total share in the consumer basket, the growth
in prices for the above mentioned kinds of goods contributed to growth
in consumer prices by 1.3 percent. Without the price changes of the
above mentioned kinds of goods, the consumer prices index in Armenia
would make 98.7%.

A 0.6% fall in prices for foodstuffs (including alcoholic drinks
and cigarettes) was registered in June 2007, as compared with May,
in the country. The prices for non-foodstuffs in the above mentioned
period grew by 0.2%, and tariffs for services were kept unchanged.

In 2007 January-June the average monthly growth in consumer prices
made 0.6%, which is lower than the same index of the previous year
by 0.1 percent (0.7%).

In 2007 June, as compared with 2006 June, the consumer prices index
made 104.8%, including that of foodstuffs (including alcoholic drinks
and cigarettes) 106.2%, non-foodstuffs 99.1%, tariffs for services
105.3%, and in January-June, compared with January-June 2006, 104.5%,
105.6%, 99.4%, and 105.3%, respectively.