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Illegal alcohol and cigarette trafficking uncovered in Armenia (VIDEO)
... out by SRC employees in 2024, more than 8,500 boxes of cigarettes without excise stamps were found at retail outlets, as well as on the electronic platforms List.am, Facebook, TikTok, and Telegram. It was also discovered that around 1,400 bottles of alcoholic beverages were being illegally circulated within Armenia—some with counterfeit excise stamps, and others without excise stamps at all. Protocols were drawn up, and administrative proceedings were initiated in accordance with the Tax Code and ...
12/20/2024Inflation in Armenia registered at 1.4% in November, 1.3% for the month
... compared to November 2023, and 1.3% compared to October 2024, according to the latest numbers, released by the National Statistical Committee (NSC). According to the NSC, in November 2024, compared to November 2023, prices for food products and non-alcoholic beverages rose by 1.7%, and by 3.1% compared to the previous month. Alcohol and tobacco products rose in price by 4.1% in November compared to November 2023 , and by 0.4% compared to October of this year. Prices for clothing and footwear decreased ...
12/04/20240.6% inflation recorded in October, 0.3% for the month
... 2024, inflation in Armenia was recorded at 0.6% year-on-year and 0.3% month-on-month. This is according to data from the report by the National Statistical Committee of Armenia. According to the NSC, in October 2024, prices for food products and non-alcoholic beverages decreased by 0.5% year-on-year, while they rose by 0.9% over the month. Alcohol and tobacco products increased in price by 3.9% year-on-year in October and by 0.2% compared to September. Clothing and footwear prices decreased by 2....
11/05/2024"Not Armenian cognac, but brandy": Economy Minister discusses Armenia's new positioning
... impossible to use the term 'cognac' because it is a geographical name (referring to one of the provinces of France), and it can no longer be applied in international markets. "In 2023, thanks to assistance programs, 11.4 million liters of grape alcohol were exported. Similar figures have been recorded this year. When the export volume exceeds 100,000 liters, we provide 100 drams per liter as support, effectively reimbursing the amount of the duty paid," Papoyan stated. "Armenian Prime ...
11/04/2024Armenia certifies 4 local geographical names as national brands
... abandoning the name ‘Armenian cognac’ and gradually replacing it with a new brand Armenian Brandy. The EU allocated 2.9 million euros to Armenia for this purpose. According to EU rules, the names ‘cognac’ and ‘champagne’ can be used only for alcohol produced in the regions of the same name in France.-0-
10/31/2024Inflation in Armenia in September made 0.6 per cent
... YEREVAN, 3 October. /ARKA/. Inflation in Armenia rose by 0.6 percent in September 2024 compared to September 2023 and by 0.2 percent compared to August 2024, the National Statistical Committee (NSC) said. According to the NSC data, prices of food and non-alcoholic beverages decreased by 1 per cent in September 2024 compared to September 2023 and by 0.6 per cent compared to August 2024. Alcohol and tobacco prices rose 4.1 per cent year-on-year and 0.1 per cent from August this year. Clothing and footwear ...
10/03/2024Armenia's annual inflation rate in August 2024 was 1.3 per cent
... time, 0.1 per cent inflation was recorded in August 2024 compared to July of the same year, according to the NSC. In January-August 2024, prices decreased by 0.1 per cent compared to the same period in 2023. According to the NSC, prices of food and non-alcoholic beverages increased by 1 per cent in August 2024 compared to August 2023, and decreased by 0.2 per cent compared to the previous month. Alcohol and tobacco prices in August were up 4.4 per cent year-over-year and 0.3 per cent higher than in ...
09/04/2024Armenia has not received official comments from Russia on cognac issue - minister
... them to a Russian state laboratory for examination. According to the group, laboratory tests showed that 90 per cent of them did not meet Russian safety and quality standards. In addition, almost half of the samples were found to contain ‘non-grape alcohols,’ making them ‘counterfeit alcoholic products,’ according to Anti-Counterfeit. Referring to this data, the group appealed to the relevant Russian authorities to introduce ‘additional control over alcoholic products imported from the Republic ...
09/02/2024Russian media report on Armenian brandy sparks reaction from Armenian Economy Ministry
... has raised concerns regarding the quality of Armenian brandy sold in Russia YEREVAN, August 20. /ARKA/. A recent publication in Russian media, based on a "joint study by the International Anti-Counterfeit Association and the Union of Brandy, Alcohol, and Spirits Producers," has raised concerns regarding the quality of Armenian brandy sold in Russia. According to the study, 200 samples of brandy from over 20 brands produced by 10 of Armenia's largest manufacturers were purchased from ...
08/20/2024Annual inflation in Armenia was 1.4 per cent in July
... YEREVAN, 5 August. /ARKA/. Armenia's 12-month inflation rate in July 2024 was 1.4 per cent, while July prices decreased by 0.4 per cent compared to the previous month, the National Statistical Committee (NSC) said in a report. Prices of food and non-alcoholic beverages in July 2024 increased by 0.7 per cent compared to July 2023 and decreased by 1.3 per cent compared to June 2024. Alcohol and tobacco prices increased by 4.3 per cent in July on an annualised basis and by 0.1 per cent compared to June ...
08/05/2024Annual inflation of 0.8% recorded in June in Armenia
... 2024, with an annual inflation rate of 0.8% compared to June 2023, while also witnessing a monthly deflation of 0.9%, according to a report by the National Statistics Committee of Armenia, published on Wednesday. The prices for food products and non-alcoholic beverages decreased by 0.7% over the year and saw a sharper monthly decline of 2.4%. This deflation indicates a notable reduction in consumer expenses for essential commodities within a short period. On the other hand, alcohol and tobacco products ...
07/03/2024Brandy alcohol export support programme approved in Armenia
The Armenian government approved today a programme designed to support brandy alcohol exports. YEREVAN, 27 June. /ARKA/. The Armenian government approved today a programme designed to support brandy alcohol exports. According to the decision, entrepreneurs will be provided with state support in the amount of 100 drams for each litre ...
06/27/2024Armenia registered annual deflation of 0.7% in April 2024
... in April this year compared to April last year, the National Statistical Committee (NSC) says. At the same time, according to the NSC, inflation of 0.6% was registered in April 2024 compared to March. In April 2024 the prices of food products and non-alcoholic beverages decreased by 4.5%. Alcohol and tobacco products were up 7% yoy. Clothing and footwear prices were down 0.6% and utilities were down 0.1%. Prices for household goods, appliances, and daily housekeeping activities were down 0.6%. Health ...
05/06/2024Armenia accounts for 61.7% of cognac supplies to Russia
Armenia is the main supplier of cognac to Russia – it accounts for 61.7% of supplies of this type of alcohol, according to Igor Alyoshin, head of Rosalkogoltabakkontrol (government agency overseeing alcohol and tobacco products), Interfax reported. YEREVAN, April 17. /ARKA/. Armenia is the main supplier of cognac to Russia – it accounts for 61....
04/17/2024Year-on-year consumer prices in Armenia in March 2024 were down 1.2%
... National Statistical Committee (NSC) reported. At the same time, according to the NSC, compared to February 2024 consumer prices in March were down 0.2%. Prices decreased by 1.2% in January-March 2024 compared to the same period in 2023. Food and non-alcoholic beverages prices decreased by 5.6% in March 2024 compared to March 2023. Alcohol and tobacco products were up 7.4%. Clothing and footwear prices were up 1.2%and utilities were down 0.1%. Prices for household goods, appliances, and daily housekeeping ...
04/03/2024Regulator will conduct inspection at Ararat brandy company following complaint from Belarus
... conduct inspections at the Ararat brandy company to identify discrepancies in Ayrum pomegranate wine. The inspection will be carried out following a letter from Belarus, which says that during the laboratory analysis of natural semi-sweet pomegranate low-alcohol wine Ayrum produced by Ararat brandy company synthetic dye azorubin (E122) was detected, which is an indicator of signs of possible falsification of this product. On this basis, the import and sale of pomegranate wine Ayrum of this company in ...
03/28/2024Armenia records annual deflation of 1.7% in February 2024
... According to the NSC, consumer prices in February when compared to January were down 0.7%. At the same time, prices in January-February decreased by 1.3% compared to the same period in 2023. According to the NSC data, prices of food products and non-alcoholic beverages decreased by 7.4% in February 2024 compared to February 2023. Prices for alcohol and tobacco products were up 7.5%. Prices for clothing and footwear rose by 1.4%, while prices for utilities rose by 0.8%. Prices for household goods,...
03/06/2024Armenia records annual deflation of 0.9% in January 2024, prices rise 1.2% over the month
... In January 2024, consumer prices in Armenia decreased by 0.9% compared to January 2023 and increased by 1.2% compared to December 2023, the National Statistical Committee (NSC) reported. According to the NSC, in January 2024, prices of food and non-alcoholic beverages decreased by 5.8% compared to January 202 and increased by 2.2% compared to December 2023. Alcohol and tobacco prices were up 7.4% year-over-year in January and up 0.3% from December 2023. Apparel and footwear prices increased 1.9% ...
02/07/2024Armenia's budget deficit to grow to 4.5% of GDP in 2024 and drop to 2.9% in 2025 - Fitch
... authorities have allocated about 1.5pp of GDP (including 1pp from the reserve fund) for this purpose in 2024 (2023: 0.7%). According to the rating agency, despite some permanent revenue-raising measures from 2024, including higher excise taxes on tobacco and alcohol products, revised royalty rates for mining, and new taxes on the gaming sector, as well as continued strong nominal GDP growth, the fiscal deficit will temporarily widen to 4.5% in 2024 (current 'BB' median: 2.8%), before moderating to 2.9% in ...
01/29/2024Fitch Ratings expects Armenia's economic growth to reach 6% in 2024
... in 2024 (2023: 0.7%). Despite some permanent revenue-raising measures from 2024, including higher excise taxes on tobacco and alcohol products, revised royalty rates for mining, and new taxes on the gaming sector, as well as continued strong nominal GDP ... ... Armenia continues to implement Western sanctions targeted at Russian entities within its banking sector. Nevertheless, goods exports to Russia increased by nearly 300% since 2021, and Russia accounted for 51% of exports and 30% of imports in 1Q-3Q23.-0-
01/29/2024Investment products: basic concepts, features of instruments, pros and cons
... telecommunications, energy, including green energy, and waste management. Investors can expect particularly high returns if they focus on countries with developing economies, stable and strong political and legal systems. Works of art, antiques, collectibles (alcohol, unique stamps, watches). Investing in this area should be approached with the proper level of knowledge: understanding what factors are valued when selling, how many years it will take to grow in value, how auctions and specialized market segments ...
01/24/2024Armenia becomes one of five largest exporters of whisky to Russia
... imported whisky worth a total of $262.5 million, which is almost four times more than a year earlier. Most of the whisky came from Latvia, which increased supplies six times to $190.6 million. Latvia was followed by its neighbor Lithuania, which increased exports nine times to $28.9 million. The top five also included Great Britain ($10.4 million, a decline of 18%) and France ($7 million, a 1.5-fold increase). According to the National Statistical Committee of Armenia, 481,700 liters of whiskey alcohol were produced in Armenia in the first 9 months of this year, which is 77.8% more than in January-September 2022. -0-
11/27/2023Armenia's inflation in October 2023 up 0.1% year-on-year
... (NSC). YEREVAN, November 3. /ARKA/. Armenia’s inflation in October 2023 was up 0.1% compared to October 2022, and up 0.3% when compared to September 2023, according to the numbers, released by the National Statistical Committee (NSC). Food and non-alcoholic beverages prices were down 3% and up 0.4% respectively. Alcohol and tobacco products’ prices were up 8.5% year-over-year and 0.4% compared to September 2023. Clothing and footwear prices rose 4% and 1.1% respectively. Utility prices rose 1% ...
11/03/2023Armenian government to allocate AMD 870 mln to subsidize grape purchases
... Economy, the surplus grapes in Armavir and Ararat provinces this year is estimated at about 65 thousand tons. Also, the government will provide Hay-Almast CJSC a budgetary credit of 2 billion drams for purchasing up to 1 million liters of Armenian brandy alcohol of at least five-year ageing. The loan is granted for two years at 0.01% per annum. -0-
10/19/2023Several dozens of trucks with Armenia cognac passed through Upper Lars checkpoint into Russia – minister
Several dozens of Armenian trucks with alcohol products have already gone through the Upper Lars checkpoint on the Georgian-Russian border after waiting for permission for days and entered the territory of the Russian Federation, Economy Minister Vahan Kerobyan said. YEREVAN, October ...
10/05/2023Twelve-month inflation in Armenia’s consumer market in late September 2023 amounted to 0.1%- NSC
... inflation in Armenia’s consumer market in late September 2023 amounted to 0.1%, the National Statistical Committee (NSC) reported. According to the NSC, the inflation rate in September 2023 was up 0/9% compared to August of the same year. Food and non-alcoholic beverage prices decreased by 3.1% in September 2023 compared to September 2022. Alcohol and tobacco products were up 8.3%, while prices for clothing and footwear rose 4.4% and utilities were up 1.3%. Household goods and appliances rose in price ...
10/04/2023Armenian-Korean trade turnover up 43% in last three years - KOTRA CEO
... added that the main goal of the event is to stimulate economic cooperation between Armenia and Korea. "Korean companies that have made tangible progress in a number of key technological areas, such as renewable energy, processing industry, food, alcohol, medicine and digitalization are participating in the forum," he noted. Nare Haroyan, advisor to the Deputy Minister of Economy, told reporters that the forum is being held for the first time with 10 companies from Armenia and Korea taking ...
09/14/2023Armenia’s consumer prices register 0.2% annualized deflation in August 2023
... Committee (NSC). YEREVAN, September 5. /ARKA/. In August 2023, consumer prices in Armenia were down 0.2% compared to August 2022, and up 0.1% compared to July 2023, according to the National Statistical Committee (NSC). Prices of food products and non-alcoholic beverages in August 2023 were down 4% compared to August 2022, and down 0.4% as opposed to July 2023. Alcohol and tobacco products were up 8.6% in August year-over-year and up 0.2% over July 2023. Prices for clothing and footwear rose by 5.2% ...
09/05/2023Two men detained in Nagorno-Karabakh after firing at president's residence
... incident occurred at 03:05 today morning. The residents were identified by their initials T.A. (born 1983) and A.A. (born 1981. According to the local police, T.A. and A.A. approached the president's residence by prior conspiracy and under the influence of alcohol started shooting at the building and in the direction of the security officers. No one suffered in the incident, the police said. The Nagorno-Karabakh Investigative Committee has opened a criminal case into the incident. -0-
08/28/2023Armenia records 12-month deflation of 0.1 percent in July 2023
... the National Statistical Committee (NSC) said. It said also that 1% price drop was recorded in July this year compared to June of the same year. Prices increased by 3.6% in January-July 2023 compared to the same period of 2022. Prices for food and non-alcoholic beverages decreased 3.9% in July 2023 compared to July 2022. Compared to June 2023 they were down 2.8%. Alcohol and tobacco products were up 8.5% in July year-over-year and 0.6% compared to June 2023. Clothing and footwear prices were up 4.8% ...
08/03/2023Armenian consumer prices dropped by 0.5% in 12 months -NSC
... June 2023 were down 0.5% as opposed to June 2022, the National Statistical Committee (NSC) said in a report today. According to NSC numbers, the consumer prices in late June were down 1.4% compared to the previous month of May. Prices for food and non-alcoholic beverages decreased by 5.5% year-on-year. Prices of alcohol and tobacco products went up 8.6%, while prices for clothing and footwear rose by 4.8% and utilities grew by 2.2%. Prices of household goods and appliances rose 6.6%. Health care prices ...
07/06/2023Company director arrested for selling sugar and buckwheat without payment documents
... drawn up false documents to show that he himself bought part of the products. The rest of the goods, according to those documents, were allegedly sold at 97% discount. The director alleged that he used 320 tons of sugar to feed his bees and distill alcohol to disinfect the warehouses. The Investigation Committee initiated criminal proceedings for not paying 78 million drams in taxes. Employees of the SRC and the Investigation Committee followed the trucks of At. Land after customs clearance at Bagratasehn ...
06/21/2023Armenian winegrowers may have problems with grapes sale- Kerobyan
... today Moscow trading networks are offered half a liter of cognac for $1, which is an impossible price for a drink made from wine alcohol. "This problem needs to be solved as soon as possible. We are working on it now," he stressed. On apricot procurement,... ... are already complaining about purchasing prices. He drew attention to the fact that other countries are heavily subsidizing exports of apricots, for example, Uzbekistan subsidizes the logistics costs. "We need to quickly analyze the situation in ...
06/14/2023Armenian authorities want to slow down excise tax growth on tobacco products and strong alcohol
Armenian parliamentary committee on economic issues approved today a government's draft law on slowing down the growth of excise duties on tobacco products and strong alcoholic beverages. YEREVAN, June 9. /ARKA/. Armenian parliamentary committee on economic issues approved today a government's draft law on slowing down the growth of excise duties on tobacco products and strong alcoholic beverages. At the same ...
06/09/2023Armenia’s 12-month consumer price index up 1.3% in May 2023
... deflation was registered in May 2023 as opposed to April of the same year. Meanwhile, the five month inflation rate in May 2023 was up 5.2% against the same period of 2022 According to the NSC, in May 2023 compared to May 2022 prices for food and non-alcoholic beverages decreased by 2.1%. Compared to April 2023 they were down 4.1%. Alcohol and tobacco products were up 7.8% year-on-year, and up 1.2% compared to April 2023. Prices of clothing and footwear rose by 6.2% in May 2023 (down 0.1% compared ...
06/05/2023Armenia's 12-month inflation in April 2023 amounted to 3.2%
... consumer inflation in Armenia in April 2023 was 3.2%, according to the National Statistical Committee (NSC). It said compared to March 2023, prices in April 2023 were down 0.1%. In January-April 2023 prices were up 6.2% against the same period of 2022. Alcohol and tobacco products in April 2023 were up 7.9% from April 2022, while prices for clothing and footwear were up 6.6%. Utilities grew by 3%, while household goods and appliances rose in price by 9.6%. Prices of health services rose 4.7%, transportation ...
05/04/2023The secret of wine's special taste and aroma: Areni Winery
... winemaking are kept in the cellar of Areni Winery, which has a history of 26 years. YEREVAN, May 2. /ARKA/. Traditions and heritage of the Armenian winemaking are kept in the cellar of Areni Winery, which has a history of 26 years. The smells of alcohol and moisture mingle in the factory cellar. The wines obtained from the Vayots Dzor grapes are stored and aged here. In the cellar, the wines are aged in pots, where they acquire a special flavor and aroma. Along with traditional winemaking the ...
05/02/2023Armenia's 12-month consumer prices in March 2023 up 5.4%
... the National Statistical Committee (NSC). It said that in March 2023 prices were down 0, 7% compared to February of the same year. In January-March 2023, prices increased by 7.2% compared to the same period of 2022. The prices of food products and non-alcoholic beverages increased by 5.1% in March 2023 compared to March 2022 and decreased by 2.2% compared to February 2023. Prices of alcohol and tobacco products went up by 8.3%, and dropped by 0.5% compared to February 2023. Prices for clothing and ...
04/05/2023Annual inflation in Armenia in February was 8.1%
.... /ARKA/. Armenia's 12-month consumer price index in February 2023 amounted to 8.1%, the National Statistical Committee (NSC) reported. It said compared to January 2023 prices rose in February by 0.1% According to the NSC, the prices of food and non-alcoholic beverages were up 9.8% in February 2023 compared to February 2022. Alcohol and tobacco products went up 9.3%. Prices of clothing and footwear rose by 7.7% and utilities upped by 7.52%. Household goods, appliances rose by 13.3%. Prices of health ...
03/03/2023Russia's plan of online wine sales could harm Armenian producers- RBC
The Eurasian Economic Commission (EEC), the executive arm of the Eurasian Economic Union (EEU), said that the terms of a trial distant sale of Russia-made alcoholic drinks may contradict the EEU treaty and discriminate the interests of its other member countries (besides Russia these are Armenia, Belarus, Kazakhstan and Kyrgyzstan), RBC reported. YEREVAN, February 13. /ARKA/. The Eurasian Economic ...
02/13/2023Armenian government reduces duty on whiskey production and revokes license for beer and wine production
The Armenian government approved today a decision designed to simplify production of alcoholic beverages. YEREVAN, January 12. /ARKA/. The Armenian government approved today a decision designed to simplify production of alcoholic beverages. In particular, it has revoked the requirement for obtaining a license for production of beer,...
01/12/2023Armenia's annual inflation rate in 2022 grew to 8.3%
... National Statistical Committee (NSC) said today. YEREVAN, January 10. /ARKA/. Armenia's annual inflation rate grew to 8.3% in late December 2022, the National Statistical Committee (NSC) said today. According to official numbers, prices of food and non-alcoholic beverages increased by 10% in 2022 compared to 2021. Price of alcohol and tobacco products rose by 8.9%. Prices for clothing and footwear rose by 7.2%, while utilities rose by 8.2%. Prices for household goods and appliances rose 13.1%. The prices ...
01/10/2023Infertility rate in Armenia remains high - Yerevan State Medical University rector
... explains that for women it is uterine and ovarian diseases, endocrine system disorders, as well as unsafe abortions, and for men - obstruction of reproductive organs and hormonal disorders. "Environmental and lifestyle factors such as smoking, alcohol abuse and being overweight can also affect fertility," he added. Studies on infertility in Armenia were conducted in 1989-1990, 1997-1998 and in 2009, Muradyan said. The results of the latter were reviewed and published in 2014. According ...
11/04/2022Driving without license contributed to growing number of offenses reported to police in Armenia
... year before to 26,489, up from 20,863 reported in the same time span of 2021. He said the growth was contributed by people who drove after being deprived of their driving license, with invalid or no license, as well as driving under the influence of alcohol or refusing to take a sobriety test. According to him, the number of such cases has increased by 2,434. The number of grave insults has also increased by 1,187 cases. Fidanyan reminded that this article has already been decriminalized. -0-
10/31/2022Annual inflation in Armenia in August 2022 was 9.1%
... /ARKA/. Armenia's 12-month consumer inflation in August 2022 upped 9.1%, according to the latest numbers, released by the National Statistical Committee (NSC). In August 2022, the inflation was up 0.2% from July. In August 2022, prices of food and non-alcoholic beverages increased by 12.5% compared to August 2021 and decreased by 0.3% from July. Prices of alcohol and tobacco products were up 8.3% compared to August 2021 and down 0.2% compared to July this year. Prices for clothing and footwear increased ...
09/05/2022Armenia’s 12-month inflation in July 2022 was 9.3 percent
... inflation in Armenia in late July 2022 was up 9.3% from the year before, the National Statistical Committee (NSC) reported today. Prices in July 2022 were down 1.4% from the previous month of June, it said. According to the NSC, prices of food and non-alcoholic beverages in July 2022 were up 13.5% from July 2021 and down 4.3% from June 2022. Prices of alcohol and tobacco products rose by 8.2% from July 2021 and by 0.6% from June 2022. Prices for clothing and footwear rose by 10.9% from July 2021, while ...
08/03/2022Armenia’s 12-month inflation in June 2022 amounts to 10.3%
... Statistical Committee (NSC) said today. YEREVAN, July 6. /ARKA/. Armenia’s 12-month inflation in June 2022 amounted to 10.3%, the National Statistical Committee (NSC) said today. It said the upward pressure came primarily from prices of food and non-alcoholic beverage, which surged by 17.1%. In June 2022 alcohol and tobacco products prices were up 8.1% from the year before. Prices for clothing and footwear rose by 10.5% , while the cost of utilities grew by 6.7%. The prices of household goods, appliances,...
07/06/2022Nikol Pashinyan calls for 'collective counteraction to restrictions on supplies of agricultural produces'
... union. "In this context, I consider it important to eliminate obstacles to mutual trade, build new logistic chains for exports and imports, develop import substitution and further improve business environment," he said. Pashinyan drew attention ... ... maintaining a positive dynamic in this issue," he noted. Pashinyan also called for establishment of common principles for alcohol market without discriminatory restrictions and exemptions. 'This is a priority for Armenia," he said. -0-
06/21/2022Armenia's 12-month consumer price index rises by 8.4%
... said. YEREVAN, April 4. /ARKA/. Armenia's consumer price index (CPI) was up 8.4% in April 2022 compared to April 2021, and up 2.3% compared to March 2022, the National Statistical Committee (NSC) said. According to the NSC, prices of food and non-alcoholic beverages were up 14.3% in April 2022 compared to April 2021, and up 4% compared to March 2022. Alcohol and tobacco products rose in price by 1.1% from April of last year. Prices of clothing and footwear increased by 8.1% and utilities - by ...
05/04/2022Year-on-year consumer price index in Armenia ups 7.4% in March 2022
... 2021, the National Statistical Committee (NSC) said. It said consumer prices in March 2022 were 1.8% higher compared to February 2022. The first quarter inflation in 2022 was up 7% compared to the same time span in 2021. In March 2022 food and non-alcoholic beverage prices were up 12.8% 022 compared to March 2021, and down 2.3% compared to February 2022. Compared to March 2021, prices of alcohol and tobacco products rose by 7.3%; prices of clothing and footwear rose by 7.2%, while utility bills ...
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