Prices for foods in Armenia 10.3% up in July 2011
03.08.2011,
00:42
Prices for foods in Armenia went 10.3% up in July 2011, compared with July 2010, Gurgen Martirosyan, chief of the Armenian National Statistical Service’s division in charge of international data comparison, said Tuesday at a news conference.
YEREVAN, August 2. /ARKA/. Prices for foods in Armenia went 10.3% up in July 2011, compared with July 2010, Gurgen Martirosyan, chief of the Armenian National Statistical Service’s division in charge of international data comparison, said Tuesday at a news conference.
According to official statistical reports, inflation in Armenia was recorded at 6.3% in July 2011, compared with the same month a year earlier.
Prices for services climbed 2.3% in July 2011, compared with the same month a year before.
Martirosyan said bread prices climbed 16.3%. Prices for dairy products leapt 20.5%, for eggs mounted 46.4%, vegetable oil and animal fats jumped 21.5%, sugar went 18.8% up, tea, coffee and cacao rose 12.5% and fruits 3.3%. Instead, vegetables and potatoes became 16.5% cheaper.
According to official statistical reports, consumer price index shed 3% in July 2011, compared with the previous month.
Food, alcohol and tobacco prices slipped 5.4% in Jan-July 2011, compared with the same period a year earlier.
Services became cheaper as well – 0.2% decrease. Prices for nonfoods remained unchanged.
Martirosyan said that price hikes were recorded in eight of 13 groups of products, price rise was seen in four groups and prices in one group remained pegged.
Prices for vegetables and potatoes fell 34.9% and fruits 23.3%.
“Dairy products became 1.4% cheaper, egg prices slipped 1.1%, fishes 1% and bread 0.6%,” Martirosyan said. “Prices for sugar and soft drinks slid 0.6% in July, compared to the previous month.”
Meat prices continued their upward movement seen for several months – they went 2.9% up in July, compared with June.
“Vegetable oil and adipose prices remained unchanged, while coffee, tea and cacao prices rose 0.9%, and alcohol and tobacco prices went 0.2% up,” Martirosyan said.
He also said that 0.7 to 5.5% decline in consumer prices was recorded in every July between 1994 and 2011, and 0.4 to 2.4% price fall was recorded in every August between 1997 and 2009, while in 2010 the country faced 1.3% increase due to a seven-percent rebound in bred prices and certain rise in prices for fruits, vegetables and potatoes.
Martirosyan refrained from any forecast for August, but said that in past years, prices for agricultural products went down this season.
“As a rule, fruit and vegetable prices go up in September and October and continue their upward motion until April or May of the next year,” he said.
National Statistical Service of Armenia says year-on-year consumer price index was recorded at 109.4% in Jan-July 2011.
Index for foods, alcoholic drinks and cigarettes was 114%, nonfoods 103.1% and services 104.6%. -0-
According to official statistical reports, inflation in Armenia was recorded at 6.3% in July 2011, compared with the same month a year earlier.
Prices for services climbed 2.3% in July 2011, compared with the same month a year before.
Martirosyan said bread prices climbed 16.3%. Prices for dairy products leapt 20.5%, for eggs mounted 46.4%, vegetable oil and animal fats jumped 21.5%, sugar went 18.8% up, tea, coffee and cacao rose 12.5% and fruits 3.3%. Instead, vegetables and potatoes became 16.5% cheaper.
According to official statistical reports, consumer price index shed 3% in July 2011, compared with the previous month.
Food, alcohol and tobacco prices slipped 5.4% in Jan-July 2011, compared with the same period a year earlier.
Services became cheaper as well – 0.2% decrease. Prices for nonfoods remained unchanged.
Martirosyan said that price hikes were recorded in eight of 13 groups of products, price rise was seen in four groups and prices in one group remained pegged.
Prices for vegetables and potatoes fell 34.9% and fruits 23.3%.
“Dairy products became 1.4% cheaper, egg prices slipped 1.1%, fishes 1% and bread 0.6%,” Martirosyan said. “Prices for sugar and soft drinks slid 0.6% in July, compared to the previous month.”
Meat prices continued their upward movement seen for several months – they went 2.9% up in July, compared with June.
“Vegetable oil and adipose prices remained unchanged, while coffee, tea and cacao prices rose 0.9%, and alcohol and tobacco prices went 0.2% up,” Martirosyan said.
He also said that 0.7 to 5.5% decline in consumer prices was recorded in every July between 1994 and 2011, and 0.4 to 2.4% price fall was recorded in every August between 1997 and 2009, while in 2010 the country faced 1.3% increase due to a seven-percent rebound in bred prices and certain rise in prices for fruits, vegetables and potatoes.
Martirosyan refrained from any forecast for August, but said that in past years, prices for agricultural products went down this season.
“As a rule, fruit and vegetable prices go up in September and October and continue their upward motion until April or May of the next year,” he said.
National Statistical Service of Armenia says year-on-year consumer price index was recorded at 109.4% in Jan-July 2011.
Index for foods, alcoholic drinks and cigarettes was 114%, nonfoods 103.1% and services 104.6%. -0-
