Armenia’s inflation in 2011 January up 2.8% from 2010 December

YEREVAN, February 1, /ARKA/. Armenia’s inflation in 2011 January rose 2.8% from 2010 December, the National Statistical Service said, adding that it was pushed up by rising prices of food staples (including beverages and cigarettes ) that grew 4.9% from the previous month.

According to official data, prices of non-foods rose 0.5% from 2010 December and prices of services by 0.2%.

The consumer price index in 2011 January was 10.6% higher from a year before. Prices of foods, including beverages and tobacco goods, rose by 17.1% from a year before, prices of non-foods by 5.2%, those of services by 4.6%.

Consumer prices in 2011 January rose from 2.4% to 3.5% in the country as opposed to 2010 December. The highest growth rates were recorded in Yeghegnadzor and Kapan towns. In Yerevan prices rose by 2.8%. The government has projected a 4% (±1,5%) inflation rate for 2011. -0-

(%)

2011
Jan. 2011

against 2010 Dec.

Jan. 2011 against 2010 Jan. Jan. 2011 against 2005
Consumer price index – total 102.8 110.6 141.5
Consumer goods 103.9 113.4 142.1
Foods 105.3 117.1 151.9
Beverages, tobacco goods 100.1 101.5 104.0
Non-foods 100.5 105.2 126.7
Services 100.2 104.6 140.3
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