NONFOOD COMMODITY PRICES GROW BY 1.3% IN ARMENIA IN MAY

Noyan Tapan

Ju ne 2, 2008

YEREVAN, JUNE 2, NOYAN TAPAN. 1.3% inflation in Armenia’s nonfood
commodity market in May on April 2008 was somewhat influenced by the
growth in prices of gasoline (5.7%) and diesel fuel (7.5%).

According to the RA National Statistical Service, there was 4%
inflation in the commodity group of building materials in May 2008
on May 2007 and 2.1% inflation in May on April 2008. The latter
growth was mainly conditioned by a rise in prices of plaster (2.8%)
and cement (7.3%).

0.1-1.7% inflation was registered in the commodity groups of textiles,
kitchen utensils, stationery, jewelry, medicines, cosmetics, furniture,
domestic electric appliances, horticultural items, footwear and
detergents in May on April 2008. Prices of cultural goods and fuel
fell by 0.7-2% in the indicated period, while carpet prices remained
at the level of the previous month.