ARKA News Agency, Armenia
Dec 28 2007
6.6% inflation recorded in Armenia ID Dec 2007
YEREVAN, December 28. /ARKA/. 6.6% inflation was recorded in Armenia
in January-December 2007 against the corresponding period in 2006.
Consumer prices went up by 1.5% thanks to the increase of food
prices.
Particularly, food prices (including alcohol drinks and tobacco)
increased by 2.5%, while non-food prices increased by 0.8%, while
tariffs charges for services decreased by 0.1%.
The average monthly inflation of consumer market totaled 0.5% in 2007
– 0.1pct increase as compared to the corresponding period in 2006
(0.4%). In January-December 2007 inflation totaled 4.4% with 106.7%
inflation of food prices. Non-food prices decreased by 0.5%, while
charges for services increased by 4.2%.
1.1%-1.8% inflation was recorded in all the 11surveyed cities in
December 2007, the highest inflation being recorded in Vanadzor and
Yeghegnadzor. 1.5% inflation was recorded in Yerevan in
January-December 2007. 4% (±1,5%) inflation is expected in Armenia in
2007. Z. Sh. -0–
Disclaimer: This article was contributed and translated into English by Vorskanian Yeghisabet. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2007/12/31/6-6-inflation-recorded-in-armenia-id-dec-2007/