Armenia’s consumer prices rise 0.7 percent in August
YEREVAN, September 1. /ARKA/. Consumer prices rose by 0.7% in Armenia
in August compared to the month before, ArmStat reported.
The increase was mainly caused by 2.2% rise in prices for services,
according to the report.
Prices for foodstuffs (including alcohol and tobacco) hiked by 1.1% in
the period, nonfood prices dropped by 0.3%.
The year-on-year consumer price index was 100.8% in August. Price
index was 100.3% for foods (including alcohol and tobacco), 100.7% for
nonfoods and 101.8% for services.
The 2014 budget projection for inflation is 4% (±1.5%). -0–
From: A. Papazian
Disclaimer: This article was contributed and translated into English by Andres-Papazian. 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/2014/09/02/armenias-consumer-prices-rise-0-7-percent-in-august/