2.9% month-on-month inflation recorded in Armenia in January 2013

2.9% month-on-month inflation recorded in Armenia in January 2013

YEREVAN, February 1. /ARKA/. Armenia recorded 2.9% inflation in January 2013, compared with December 2012, Gurgen Martirosyan, chief of the National Statistical Service’s prices and international comparisons division, said on Friday. 

He said this inflation was mainly due to a 5.1% increase in prices for foods in January. 

“The 11.8-to-31.8-percent increase in prices for fruits, vegetables and potatoes directly impacted food prices in January,” he said. “In nine of the 13 food groups price rise ranged between 0.1% and 31.8%, while in other groups foods became 2.1-0.1% cheaper.”

Prices for vegetables and potatoes sank 10.1% in January 2013, compared with January 2012, but rose 31.8%, compared with December 2012. 
Martirosyan said that the country recorded a 3.6-percent year-on-year inflation in January 2012.  

In Yerevan, prices for vegetables and potatoes leapt 29.8% in January 2013, compared with the previous month.  

Fruit prices grew in all the cities of Armenia - the price rice ranged between 3.9% and 13.3%. 

In Yerevan, fruit prices went 0.8% up in January 2013, compared with January 2012. 

Martirossyan also said that prices for dairy products slipped 2.7% in January 2013, compared with the same month of the previous year, but climbed 2.3% compared with December 2012.  

Prices for meat products jumped 3.5% in January 2013, compared with the same month of the previous year, and rose 1.0%, compared with December 2012.  

Nonfood prices slid 0.2% in January 2013, compared with December 2012, due to a 2.2% fall in prices for shoes and a 1.1% fall inn prices for clothes. 

Prices for services went 0.8% up as a result of a 1.2% increase in public transport fares, a 1.5% rise in tuition fees, 4.8% in fees for healthcare and 6.8% in prices for rest.  
  
Average rate of inflation in Armenia was 2.6% in 2012. 

In Dec 2012 compared with Dec 2011, some CIS member countries recorded deflation (Georgia 1.4%, Azerbaijan 0.3% and Ukraine0.2%). The highest inflation rate was recorded in Belarus – 21.8%. Inflation in the Commonwealth of Independent States averaged 2.3%. -0-

21:24 01.02.2013





 

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