CONSUMER PRICES DECLINE BY 0.8% IN ARMENIA IN AUGUST 2007<br /> ON DECEMBER 2006 <br />


CONSUMER PRICES DECLINE BY 0.8% IN ARMENIA IN AUGUST 2007
ON DECEMBER 2006

  • 03-09-2007 11:00:00   | Armenia  |  Economy
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. The consumer price index made 99.2% in Armenia in August 2007 on December 2006, including the consumer price index of food commodities (including alcoholic drinks and cigarettes) - 97.6%, of non-food commodities - 100.2%, the index of service tariffs - 101.4%. The average montly fall in consumer prices made 0.1% in January-August 2007 against an increase of 0.3% in the same period of last year. The price fall tencdency registered in June continued in the Armenian consumer market in August 2007: the overall price fall over the last three moths made 4.9%. According to the RA National Statistical Service, consumer prices fell by 1.5% in the country in August on July, mainly due to seasonal fluctuations of prices of some foodstuffs. During the indicated period, prices of food commodities (including alcoholic drinks and cigarettes) fell by 2.7%, of non-food commodities - by 0.5%, while service tariffs grew by 0.2%. The consumer price index made 101.6% in August 2007 on August 2006, including that of food commodities - 102%, of non-food commodities - 98.1%, of service tariffs - 102.9%. The same indices in January-August 2007 as compared with January-August 2006 made 103.9%, 104.9%, 99.2% and 104.7% respectively.
  -   Economy