12-month inflation makes 3.4% in Armenia

YEREVAN, MAY 30, NOYAN TAPAN. The consumer price index made 103.4% in
Armenia in May 2009 compared to May 2008, including the index of food
commodities (including cigarettes and alcoholic drinks) – 99.8%, of
non-food commodities – 104.1%, of service tariffs – 109.8%. The same
indices made 102.5%, 99.1%, 100.6%, and 110% in January-May 2009 on
January-May 2008.

According to the RA National Statistical Service, the consumer price
index made 105.5% in May 2009 compared to December 2008, including the
index of food commodities (including cigarettes and alcoholic drinks) –
104.4%, of non-food commodities – 106.9%, and service tariffs – 106.9%.

6.3% overall inflaton was recorded in Armenia’s consumer market in
March-May 2009, with 1.6% inflation in May as compared to April. Prices
of food commodities (including cigarettes and alcoholic drinks) rose by
2.1%, of non-food commodities – by 2.6%, and tariffs of services grew
by 0.2% in May on April 2009.

The average monthly growth of consumer prices made 1.1% in January-May
2009, which was lower by 0.3% than the respective index of the same
period of 2008 (1.4%).

The consumer price index made 124.7% in May 2009 on May 2005, including
the index of food commodities (including cigarettes and alcoholic
drinks) – 125.3%, of non-food commodities – 112.5%, and of service
tariffs – 130%.