1.2% inflation recorded in Armenia in November, compared with October

02.12.2009 19:38
1.2% inflation recorded in Armenia in November, compared with October

YEREVAN, December 2. /ARKA/. Armenia recorded 1.2% inflation in November, compared with October, National Statistical Service reports.

Prices for foods, spirits and tobacco products rose 1.8% and nonfoods 1.4% and services 0.1% in November, compared with the previous month.

The index of consumer prices was 104.5% in November 2009 compared with December 2008.

Foods, spirits and tobacco products became 1.1% cheaper, while prices for non-foods climbed 13.5% and services 10.1%.

Armenia faced 0.4% average monthly price rise in Jan-Nov 2009 against 0.5% at the same period of the previous year.

The index of consumer prices was 104.6% in November 2009, compared with November 2008, including 99.6% foods, spirits and tobacco.

The index of nonfood prices was recorded at 110.9% and services 110.4%.

These indicators were recorded at 103.1%, 99.1%, 103.8% and 110.4% accordingly in Jan-Nov 2009, compared with the same period a year earlier.

According to the statistical report, consumer prices index was 123.4% in this year’s November, compared with 2005, including 18.7% of foods, spirits and tobacco, 19.4% of nonfoods and 34% increase in services prices.

In all the cities under review, consumer prices rose 0.8-1.5% in November, compared with October.

The highest rise was recorded in Yeghegnadzor.

Yerevan recorded 1.2% consumer price rise.

In the 2009 state budget, inflation was planned at 4% (±1.5%). -0--


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