Inflation At 3.4%

INFLATION AT 3.4%

The National Statistics Service reported inflation in the
post-electoral period. According to its data, inflation in March was
at 3.4% compared with the same period last year, while compared with
December last year inflation is 2.9%.

Food prices went up in March by 0.4% compared with February.

Compared with March 2012, prices of grain went up by 10.4%, compared
with February 0.6%; fish 0.2% and 0.7%; dairy products 0.1% and 0.7%,
animal fat and vegetable oil 7.9% and 1.1% respectively.

Fruit prices grew last month by 0.5% compared with March 2012 and by
4.0% compared with last December; eggs 11.6% and 6.0%.

In March 2013, alcohol drinks and tobacco prices went up by 0.3%,
non-alcoholic drinks 0.5%, sugar 0.8%, pastry 1.5%, other products
1.5%.

Note that last week Armenian brandy price significantly went up
as well.

14:36 03/04/2013 Story from Lragir.am News:

From: Emil Lazarian | Ararat NewsPress

http://www.lragir.am/index.php/eng/0/economy/view/29500

Disclaimer: This article was contributed and translated into English by Emil Lazarian. 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.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS