1.3% May deflation in Armenia from April

07.06.2012 15:47
1.3% May deflation in Armenia from April

YEREVAN, June 7. /ARKA/. Consumer prices in Armenia dropped by 1.3% in May of 2012 from April, Gurgen Martirosyan, Head of Department of Price Statistics and International Comparisons Division at Armenian National Statistical Service said on Thursday.

According to him, food prices fell by 2.6%, and non-food prices climbed by 0.2%. Tariff services augmented by 0.1%.
Marirosyan informed that the inflation in Armenia recorded 0.8% in May from December, and 0.5% in May from the same month a year earlier.
“In total, the consumer prices index in January-May of 2011 was 102.5%, this means that the inflation was 2.5%,” he said.

Martirosyan also added that bread products prices didn’t change in May from April. However the drop was reported in prices for meat (0.2%) and fish products (0.7%), dairy (2.2%), eggs (2%), animal and vegetable oils (0.4%), fruits(0.3%) and sugar(1.2).  The highest decrease was recorded in prices for vegetables and potatoes- 15.5%.

The prices for such products as coffee, tea, cocoa, confectionary , alcohol and non-alcohol beverages as well as tobacco faced 0.1%-0.2% inflation within the reported period. --0--


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