2,5% inflation rate recorded in Armenia’s consumer market in Dec 201

PanArmenian, Armenia
Jan5 2012

2,5% inflation rate recorded in Armenia’s consumer market in Dec 2011

January 5, 2012 – 16:51 AMT

PanARMENIAN.Net – 2.5 % inflation rate was recorded in Armenia’s
consumer market in December compared to November 2011.

During the reported period, prices for foodstuff (including alcoholic
beverages and cigarettes), non-foods totaled 4,4% and 0,5%
respectively, with 0.1% increase in tariffs for services.

In December 2011, the index of consumer prices made 104,7% compared to
the same period in 2010, including the index of prices for foodstuff
(including alcoholic beverages and cigarettes) -105,8%, non-foods
-104,3%, services – 102,9%.

In January-December 2011, the index of consumer prices totaled 107,7%
compared to the same period 2010, including the index of prices for
foodstuff -111,2% %, National Statistical Service reported.

Consumer prices increased by 9% in December 2011 compared to same period 2010.

The price upsurge is basically conditioned by 12,8% and 5,2% growth in
prices for foodstuff (including alcoholic beverages and cigarettes)
and non-foods respectively. 4,4%. growth was also observed in tariffs
for services during the reporting period.

Consumer prices increased by 1,6-3,4 % in December compared to
November 2011 in all Armenian cities under study, while the highest
index was registered in Gyumri.

2,5 % growth was recorded in consumer prices in Yerevan.