Central Bank: 1.3% inflation in Armenia in April
22.05.2010,
00:04
Armenia recorded 1.3% inflation in April, compared with March, the board of the Central Bank of Armenia said at its regular meeting.
YEREVAN, May 21. /ARKA/. Armenia recorded 1.3% inflation in April, compared with March, the board of the Central Bank of Armenia said at its regular meeting.
As a result, year-on-year inflation went two percentage points down to 6.8% in April.
The central bank’s board also said that food prices grew 0.7% adding 0.36 points to inflation, nonfood prices climbed 1.8% fueling inflation by 0.3 points and services jumped 2.2% giving another 0.65% to inflation.
April’s inflation was mainly due to 37.5% in gas price rise, which whipped up inflation by 0.5 percentage points and 5.5% drinking water price increase that fluffed up inflation by 0.03 points.
Increase in prices for sugar, fruits, petrol and diesel, meat products, adipose and vegetable oil rose as well adding 0.1 points to inflation.
Instead, eggs, vegetables and potatoes became cheaper.
National Statistical Service of Armenia says 8% year-on-year inflation was recorded in Jan-Apr 2010, and consumer prices went 4.2% up in Jan-Apr 2010, compared with December 2009. -0--
As a result, year-on-year inflation went two percentage points down to 6.8% in April.
The central bank’s board also said that food prices grew 0.7% adding 0.36 points to inflation, nonfood prices climbed 1.8% fueling inflation by 0.3 points and services jumped 2.2% giving another 0.65% to inflation.
April’s inflation was mainly due to 37.5% in gas price rise, which whipped up inflation by 0.5 percentage points and 5.5% drinking water price increase that fluffed up inflation by 0.03 points.
Increase in prices for sugar, fruits, petrol and diesel, meat products, adipose and vegetable oil rose as well adding 0.1 points to inflation.
Instead, eggs, vegetables and potatoes became cheaper.
National Statistical Service of Armenia says 8% year-on-year inflation was recorded in Jan-Apr 2010, and consumer prices went 4.2% up in Jan-Apr 2010, compared with December 2009. -0--
