CONSUMER PRICES RISE BY 1% IN ARMENIA IN PAST YEAR

Noyan Tapan

M arch 2, 2009

YEREVAN, MARCH 2, NOYAN TAPAN. The comsumer price index made 101%
in Armenia in February 2009 on February 2008, including index of
food commodities (including alcoholic drinks and cigarettes) – 98.1%,
of nonfood commodities – 97%, of service tariffs – 108.7%. The same
indices in January-February 2009 on January-February 2008 made 102.5,
99.9%, 97.7% and 110.1% respectively.

According to the RA National Statistical Service, 1.2% inflation
in Armenian consumer market in January 2009 was followed by 1.8%
deflation in February.

The prices of food commodities (including alcoholic drinks and
cigarettes) fell by 2.9%, of nonfood commodities – by 0.9%, while
tariffs of services fell by 0.2%.

The consumer price index in February 2009 on December 2008 made 99.3%,
including that of food commodities (including alcoholic drinks and
cigarettes) – 99.4%, of nonfood commodities – 97.8%. The overall
level of tariffs in the sector of services remained unchanged in the
indicated period.