12-Month Inflation Makes 9.6% In Armenia

12-MONTH INFLATION MAKES 9.6% IN ARMENIA

NOYAN TAPAN

Ju ne 29

The consumer price index made 109.6% in Armenia in June 2008 on May
2007, including the index of food commodity prices (including alcoholic
drinks and cigarettes) – 110.1%, of nonfood commodity prices – 106%,
of service tariffs – 110.5%. The same indices in January-June 2008
on January-June 2007 made 109%, 111.1%, 104.8% and 107.1% respectively.

According to the RA National Statistical Service, the consumer price
index made 106.8% in June 2008 on December 2007, including the index
of food commodity prices (including alcoholic drinks and cigarettes)
– 106.7%, of nonfood commodity prices – 104.2%, of service tariffs
– 108.5%. The average monthly growth of consumer prices made 1.1%
in January-June 2008, exceeding by 0.5% the respective index of the
same period of 2007.

A 0.5% fall in prices was registered in the country’s consumer market
in June on May 2008, including a 1.3% fall in food commodity prices
(including alcoholic drinks and cigarettes), a 1.3% growth in nonfood
commodity prices, and a 0.1% growth in service tariffs.