YEREVAN, February 1. /ARKA/. Armenia’s inflation in January 2012 advanced 4.8% if compared to 2011 January, driven mainly by a 5.8% rise in the prices of foods, including alcoholic beverages and tobacco and a 3.6% rise in the prices of industrial goods, according to the National Statistical Service (NSS). According to NSS data, prices of services increased by 3.5%.

The consumer price index (CPI) in January 2012 rose by 3.6% as opposed to 2011 December with prices of foods rising by 6.2%, prices of services rising by 0.7%, while prices of industrial goods dropping by 0.4%.

The Statistical Service said the highest price hikes were observed in Yeghegnadzor in Vayots Dzor province (5.1%). In Yerevan prices rose by 3.5%. The government has projected 4% (± 1.5%) inflation rate for 2012.-0-